Property Description

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:7434)