00000 CARACOURT Drive
On the market for 73 days — longer than average. The seller may be open to negotiation.
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 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 recent third-party appraisal values the property well 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.
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Greely - Metcalfe - Osgoode - Vernon and Area
Based on active listings in Greely - Metcalfe - Osgoode - Vernon and Area. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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