$399,000
For sale: Vacant Land

Prime opportunity to acquire just under 1 acre of flat, cleared commercial land in Ottawa with excellent exposure along Snake Island Road, just seconds from Bank Street. This high-visibility commercial lot offers flexible zoning permitting a wide range of uses, including hotel, restaurant, retail, warehouse, automotive dealership, bar, animal hospital, car wash, and other commercial applications.Ideal for investors, developers, and owner-users seeking commercial development land in a growing Ottawa corridor, the property features strong road frontage and accessibility. Natural gas is available at the lot line, supporting a variety of future development options.Buyers are advised to complete their own due diligence regarding zoning, permitted uses, servicing, and development requirements.Excellent opportunity for commercial development, land investment, or owner-user applications in Ottawa's expanding south-end market.
Sold data
Vacant Land homes in Ottawa took a median of 70 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 128, across 30 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 120 days.
The median sale price was $397,000.
Homes sold for about 5.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 30 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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