There may be a demand for residential lots in the city, but apparently the new Ingram subdivision is an exception.

At Tuesday's lottery drawing for the 40 properties in the new neighbourhood off Hamilton Boulevard next to Arkell, John Cole, the manager of client services in the territory's lands branch, had to pull only 17 names out of the red tool box bearing the names of applicants looking for land in the new neighbourhood.

Of those, 16 will be able to purchase at least one of their choices of property.

The low number of applicants came as little surprise to Mike Racz, president of the Yukon Real Estate Association.

As he told reporters after the names were drawn, the city's lottery for new properties in Takhini North is only two weeks away, and potential land buyers may be holding out for one of those.

More than 70 people applied for residential lots in the city's last drawing of 12 properties in Takhini North.

Racz suggested the smaller size of the neighbourhood and proximity to the downtown and amenities like the Canada Games Centre could all be factors in Takhini North's popularity over Ingram.

With single-family lots in Ingram ranging from $77,341 for 432 square metres to $111,178 for 811 square metres (before taxes), he noted, the price of land has risen from $6 a square foot, when the last lots in Copper Ridge were put out for sale, to about $15 per square foot now in Ingram.

Lot 118 was the most favoured of the single-family properties, with five of the 17 listing it as their first choice and another three listing it further down the list as a property they would accept.

The 650 square metre corner lot at what will be Mallard Way and Goldeneye Street sits in front of a buffer between Ingram and a park in Arkell.

Kerry Minor was lucky enough to have her name pulled first, thereby guaranteeing her the lot, which she had listed as her first choice.

While most applicants opted not to attend the lottery drawing, Ashwani Kumar decided to go and find out if his son, Amit, got his pick.

Amit's name was the fifth to be drawn. Though he didn't get his first pick of Lot 118, he does have dibs on the property just across from it on Mallard Way at Lot 119, which also sits in front of the buffer area.

"He just started (looking),” Ashwani said of his son's search for property, noting he's happy Amit received a lot.

For the father and son, the purchase will mean a big change in their living arrangements, with Amit currently living at his dad's.

With the lottery closed and 24 single-family lots still open, Cole said, officials will determine the "fairest way” to get them out on the market.

That could mean selling them over the counter, but also under consideration is a proposal by the real estate and the Yukon contractors associations that contractors get a chance to purchase the properties as well.

As Racz told reporters, the lottery process excludes contractors from applying for the single-family lots.

Among the conditions of those buying the lots is that the purchaser must live in the home built there for at least one year.

Racz noted the proposal was to make any lots not claimed through the lottery available to contractors, which could then build on the site to sell the homes.

Racz reminded Cole of the suggestion before he began pulling names.

While Cole wouldn't guarantee it, noting the need to look at how the sales could happen, he added:

"Anything is possible.”

While contractors couldn't put their names in the lottery, they did for the bid process for the four duplex lots, nine multi-family properties and 14 townhouse sites.

And though all the duplex properties were awarded, only two multi-family sites and eight townhouse sites had proper bids.

Horizon Construction ended up with three of the four duplex properties.

It will pay $156,100 for lots 121 and 122 near the end of Goldeneye Place, $156,200 for lots 126 and 127 across the street from lots 121 and 122, and $152,300 for lots 137 and 138 towards the end of Pintail Place.

G-North was the only other contractor to get a duplex property with lots 132 and 133 across from lots 137 and 138 on Pintail Place, with that bid coming in at $152,650.

While all the duplex bids came in over the minimum prices, it was not by much.

Minimum prices were set at $154,876 on lots 121 and 122, $153,619 for lots 126 and 127, $152,556 for lots 132 and 133 and $149,752 on lots 137 and 138.

Blaikie was awarded the multi-family site at lot 124, the middle property at the end of Goldeneye Place, for $135,000, while Albisser had the successful bid on lot 136, a corner lot at the end of Pintail Place, at $105,000.

Minimum prices for those two lots had been set at $77,051 for lot 124 and $49,595 for lot 136.

Finally, Empress and Can Cor each ended up with four townhouse sites. They ranged from Empress' bid of $201,000 each for lots 87 to 90 at the corner of Goldeneye Street and Mallard Way and lots 95 to 98 on a corner of Pintail Street to Can Cor's bid of $336,500 for lots 39 to 44 off another section of Mallard Way.

Minimum prices there were set at $190,519 for lots 87 to 90, $190,259 for lots 95 to 98 and $300,615 for lots 39 to 44.

Empress was also successful with a $205,000 bid for lots 91 to 94 at the corner of Pintail and Goldeneye Streets and a $285,000 bid for lots 20 to 25 along Mallard Way at the corner of Goldeneye Street.

Lots 91 to 94 had a minimum price of $181,849 while a minimum of $276,034 had been set for lots 20 to 25.

Can Cor, meanwhile, was awarded lots 50 to 55 across from lots 20 to 25 on Mallard Way for $326,100, lots 68 to 73 on Mallard Way for $285,500 and lots 83 to 86 at Mallard Way and Pintail Street for $220,000.

There, the minimums were listed at $275,627 for lots 20 to 25, $276,884 for lots 68 to 73 and $192,192 for lots 83 to 86.