$1,250,000
Est. payment $5,535/moCalculate yours
00000 CARACOURT Drive, Greely - Metcalfe - Osgoode - Vernon and Area, ON K0A 2W0
1604 - Vernon, Greely - Metcalfe - Osgoode - Vernon and Area, ON K0A 2W0
Listing courtesy of CENTURY 21 SHIELD REALTY LTD. MLS® X13666524
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 105.35 x 229.66 Feet
Location
- Neighbourhood
- 1604 - Vernon
- Cross Street
- lawrence
- Direction Faces
- North
Listing
- MLS® Number
- X13666524
- Days on Market
- 67
- Listed On
- 2026-08-12
- Possession
- TBD
- Listed By
- CENTURY 21 SHIELD REALTY LTD.
Mortgage calculator
Estimated mortgage payment
$5,535 per month
- Principal and interest
- $5,535
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $5,535
Your mortgage
- Mortgage amount
- $1,000,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $660,419
Cash to close
- Down payment
- $250,000
- Land transfer tax
- $21,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $271,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.