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00000 CARACOURT Drive

00000 CARACOURT Drive

Greely - Metcalfe - Osgoode - Vernon and Area, ON

  • Vacant Land
$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 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.

Listing Details

Listed
August 12, 2026

Price History

Property

Lot Size
105.35 x 229.66 Feet

Location & Legal

Cross Street
lawrence
Parcel Number
042850382
Possession
Flexible
Occupancy
Vacant

Community

Postal area K0A

Population
111,626
Private dwellings
43,737
Median age
44
Average household size
2.6
Median household income
$115,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Greely - Metcalfe - Osgoode - Vernon and Area · last 12 months

Median sold price
$801,000
Homes sold
263
Median days on market
28
Sale-to-list price
96.7%

Based on 263 recorded sales of residential freehold properties in Greely - Metcalfe - Osgoode - Vernon and Area over the last 12 months.

Listed by

CENTURY 21 SHIELD REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$250,000

Estimated Monthly Payment

$6,141

Land transfer tax

Estimated land transfer tax$21,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,141/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $313/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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