$370,000
For sale: Vacant Land

Phase II Release - New building lots available in Premwood Estates. Here's your opportunity to build a new home in the growing village of Metcalfe. Lot 9 is approx. 1-acre backing onto forest and situated on the newly extended Ginger Crescent, offering approximately 97.5 feet of curved road frontage and a generous, irregular lot configuration. Lots anticipated to be buildable by Q1 2027. Eligible purchasers building a new primary residence may also benefit from current federal and Ontario new-home HST rebate programs, potentially creating significant savings on a new build. Walking distance to local parks, schools, community centre, and several local businesses. Survey and additional development information available upon request. Taxes are estimated. Natural Gas available. Inquiries welcome.
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 24 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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 3% 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.
Currently for sale

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