3055 Richmond Road Ottawa, Ontario K2B 6S6
$1,200,000
Exceptional investment opportunity in the heart of Ottawa's Britannia Heights! This centrally located property comes with Site Plan Approval for 21 residential units and 9 parking spaces, and will be rezoned to R4 on closing. Building permits are expected within 30-60 days, with a construction timeline of just 12-18 months. Situated near the upcoming LRT station and just seconds from the highway, this location offers unmatched convenience. Walking distance to shops, a movie theatre, and Bayshore Shopping Centre-Ottawa's second-largest mall-this is a high-demand area ideal for attracting quality tenants. The property currently includes a home rented at $1,000/month, providing holding income. Significant soft costs have already been covered, including rezoning, engineering reports, ESA, and urban planning. Flexible options available: purchase the land and build yourself, or the vendor can deliver the completed project. With a strong location, transit access, and approvals in place, this is a turnkey development opportunity poised for success. Don't miss out on securing your future in Ottawa's thriving real estate market! (id:59524)
Business
| BusinessType | Residential |
| BusinessSubType | Residential |
Property Details
| MLS® Number | X13066238 |
| Property Type | Vacant Land |
| Neigbourhood | Fairfield Heights |
| Community Name | 6201 - Britannia Heights |
| AmenitiesNearBy | Highway |
| Features | Conservation/green Belt |
Building
| SizeInterior | 11033 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway |
| Sewer | Sanitary Sewer |
| SizeDepth | 119 Ft ,2 In |
| SizeFrontage | 137 Ft ,2 In |
| SizeIrregular | 137.18 X 119.24 Ft ; 1 |
| SizeTotalText | 137.18 X 119.24 Ft ; 1 |
| ZoningDescription | R4 |
https://www.realtor.ca/real-estate/29682507/3055-richmond-road-ottawa-6201-britannia-heights
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May 01 2026 02:24:46
RE/MAX Hallmark Realty Group