$949,000
For sale: Vacant Land

Welcome to 91 Palsen Street, a rare opportunity to acquire a 105' x 146' lot in one of Ottawa's most desirable central neighbourhoods. Nestled on a picturesque, tree-lined street surrounded by some of Crestview's most distinguished homes, this impressive property presents outstanding potential for redevelopment, custom infill, or possible severance, subject to buyer due diligence and City of Ottawa approvals. Perfectly positioned in the established community of Crestview, the property offers the ideal balance of peaceful residential living, and exceptional convenience. Enjoy close proximity to Meadowlands Public School, St. Gregory School, Crestview Park and Pool, Merivale Mall, College Square, Algonquin College, and an extensive selection of shopping, dining, recreation, and everyday amenities. Major transportation routes and transit are also easily accessible.Currently zoned R1FF under City of Ottawa Zoning By-law 2008-250 and N2E under the City's new Zoning By-law 2026-50, this property represents an exceptional opportunity for builders, developers, investors, or those seeking to create a custom residence on an oversized lot in a mature, highly sought-after west-end neighbourhood. Buyers are encouraged to conduct their own due diligence regarding permitted uses, redevelopment potential, severance opportunities, servicing requirements, tree-related restrictions, and all applicable zoning provisions with the City of Ottawa. Please note: An existing survey is not available. The aerial photograph and lot outline are provided for illustrative purposes only, and not to be interpreted as actual property lines. Buyers and their representatives are responsible for verifying all property boundaries, dimensions, setbacks, and other information relevant to their intended use of the property.
Sold data
Vacant Land homes in Ottawa took a median of 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 120 days.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 $409,450.
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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