00000 Caracourt Drive

Ottawa, Ontario K0A 2W0

105.35 X 229.66 Ft Lot size

1 day ago Listed

About this home

Rare development opportunity in Vernon, City of Ottawa! Approved 18-lot subdivision with major infrastructure already completed. Drainage and retention pond are in placed, and 6 lots are permit-ready for immediate construction after well and hydro study. Save valuable time and development costs with much of the work already done. A recent third-party appraisal values the property above the current listing price, offering exceptional value and upside potential. An outstanding opportunity for builders, developers, and investors looking for a near shovel-ready project in a growing community. (id:28469)

Facts & features

Property

MLS® Number: X13666524
Property Type: Vacant Land
Community Name: 1604 - Vernon

Land

Acreage: No
Size Depth: 229 Ft ,7 In
Size Frontage: 105 Ft ,4 In
Size Irregular: 105.35 X 229.66 Ft
Size Total Text: 105.35 X 229.66 Ft

Utilities

Electricity: Available

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $5,535/mo
Ontario land transfer tax: $21,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Vernon market

5 Active listings

$349,990 Median asking price

257% above median This home

26 days Avg. time on market

Browse all Vernon listings →

Location

00000 Caracourt Drive, Ottawa, Ontario K0A 2W0 · Get directions