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$1,100,000
Available - For Sale
Listing ID: X13221436
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!
Price $1,100,000
Taxes: $4,869.18
Tax Type: Annual
Occupancy by: Tenant
Address: 3055 RICHMOND Road , Britannia Heights - Queensway Terrace N , K2B 6S6, Ottawa
Postal Code: K2B 6S6
Province/State: Ottawa
Legal Description: LT 25 PLAN 523 S/T CR473392 OTTAWA
Lot Size: 41.81 x 119.24 (Feet)
Directions/Cross Streets: Bayshore/Dumaurier
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Designated
Use: Residential
Total Area: 11,033
Total Area Code:  Square Feet
Area Influences: Greenbelt/Conse   Major Highway
Maintenance: 0
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

3055 RICHMOND Road , Britannia Heights - Queensway Terrace N , K2B 6S6, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Land
Area: Ottawa
Municipality: Britannia Heights - Queensway Terrace N
Neighbourhood: 6201 - Britannia Heights
Style:
Lot Size: 41.81 x 119.24(Feet)
Approximate Age:
Tax: $4,869.18
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908