$1,050,000
For sale: Detached

EXCEPTIONAL REDEVELOPMENT OPPORTUNITY IN PRIME ST. CLAIRE GARDENS! Rare 100 * 90 ft lot. offering outstanding investment and redevelopment potential under Ottawa's new zoning framework. An exciting opportunity for builders and investors to explore the development of TWO SEPARATE RESIDENTIAL BUILDINGS, EACH WITH POTENTIAL FOR UP TO 10 UNITS, subject to applicable zoning regulations , and municipal approvals. Located in the highly desirable St. Claire Gardens community, surrounded by beautiful custom-built homes and conveniently close to Algonquin College, public transit, shopping, schools, Bassline St and major amenities. The existing freshly painted bungalow features 3+2 bedrooms, 2 full bathrooms, a spacious living and dining area, a functional kitchen with stainless steel appliances , and a finished basement with separate entrance offering additional living space. Roof replaced in 2022. The generous lot provides exceptional flexibility for future development while offering immediate use or rental potential. A RARE OPPORTUNITY TO INVEST IN ONE OF OTTAWA'S SOUGHT-AFTER INFILL NEIGHBOURHOODS! ** This is a linked property.**
Sold data
Detached homes in Ottawa took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 48, across 1,016 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $829,450.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,016 recorded sales in the last 90 days. 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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