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BEDROOMS2
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ROOMSX8253408
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Property Description
Excellent opportunity to own 2.1 acres of prime commercial land in a great location!! This property boosts a very versatile RC1 commercial zone with many commercial and industrial permitted uses. Flat site perfect for development. Three Bedroom Bungalow on the property could be used as an office space.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-22 | 2023-12-19 | 91 | $2,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
124' x 450'
Fronting
North
Taxes
$4,892 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Ottawa Market Statistics
Ottawa Price Trend
5673 Bank St is a 3-bedroom 2-bathroom home listed for sale at $1,499,900, which is $794,234 (112.6%) higher than the average sold price of $705,666 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom home in Ottawa declined by $5,334 (0.8%) compared to the previous 30 day period (March 4 - April 2) and down $27,334 (3.7%) from the same time one year ago.Inventory Change
There were 12 3-bedroom homes listed in Ottawa over the last 30 days (April 3 - May 2), which is up 71.4% compared with the previous 30 day period (March 4 - April 2) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Ottawa typically sold ($7,596) (1.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $1,349 increase compared to the previous 30 day period (March 4 - April 2) and ($20,520) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Ottawa over the last 30 days (April 3 - May 2) stood at 25.0%, down from 28.6% over the previous 30 days (March 4 - April 2) and down from 166.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Ottawa stood at 38 days when successfully sold over the last 30 days (April 3 - May 2), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Flower City Realty
Similar Listings
Build your dream home on this incredible waterfront lot in the city . 10 minutes to downtown. Pie-shaped lot offers 100' of frontage on the water with a dock to enjoy the scenery. Extremely rare to find this opportunity on the water in the city . House is being sold 'As Is'.Built in 1961 and needs updating / repair. On well and septic.
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