Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

00000 Caracourt Drive Ottawa, Ontario K0A 2W0

$1,250,000

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 5 lots are permit-ready for immediate construction after minor concessions including well and hydro study. Save valuable time and development costs with much of the work already done. A third-party appraisal values the property $1,580,000 price without appraiser being aware of drainage in place, 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:67947)

Property Details

MLS® Number X13873434
Property Type Vacant Land
Community Name 1604 - Vernon

Building

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
Zoning Description .

https://www.realtor.ca/real-estate/30377183/00000-caracourt-drive-ottawa-1604-vernon

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Garrett Dagenais, Century 21 Shield Realty Ltd.

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.