Description

Future development site. Featuring a large side split with approximately 54.91 acres for sale near the corner of Fallowfield Road, located near Emerald Meadows & Bridlewood subdivisions in Ottawa. The subject property includes a large 3 bedroom single home w/2.5 bathrooms and double car garage. Owner willing to rent back the house for one year at $3000 dollars per month plus utilities. Farm is being leased for $8000.00 dollars per year. The subject property includes numerous outbuildings. The Monahan Creek Municipal Drain runs through the subject property making the property more desirable. Sold as land value. 24 hours notice on all showings. See attachment for complete information package. (id:66096)

Market Timing

Days on market

26d

Ottawa listings, avg age

63d

List price

$4.90M

Haho

This vacant land in Ottawa has been listed for 26 days, which is 37 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (K2R)

This home lists at $4,900,000, about 29.9× the local median household income of $164,000.

Carrying it typically needs a household income of about $957,142 (20% down, 25-yr amortization, stress-tested) — roughly 484% above the area median.

Median household income: $164,000
Population: 1,237
Median age: 50
Owner / renter: 95% / 5%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA K2R)

$4,900,000

For sale

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Financing

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5667 West Old Richmond Road West, Ottawa - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K2R)

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