See all 16 photos
$1,200,000
Est. payment /mo
Active
3055 RICHMOND RD Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 6201 - Britannia Heights
MLS Listing ID X13066238
Annual Tax Amount $4,869
Tax Year 2025
Property Sub-Type Land
Lot Depth 119.24
Lot Front 137.18
Property Description
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!
Location
Province ON
County Ottawa
Area Ottawa
Exterior
Community Features Greenbelt/Conservation, Major Highway
Utilities Available Yes
Lot Frontage 137.18
Lot Depth 119.24
Others
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY GROUP
GET MORE INFORMATION

NEARBY SCHOOL & BUSINESS
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown:
$0 Month
Get more info from a local expert!
Search Other Listings
- All Listings
- Sold Listings
- My Other Listings
- Our Office Listings
- Downtown Condos For Sale
- Freehold Homes For Sale
- Multifamily Homes For Sale (All GTA)
- Commercial For Sale
- Leaside Homes
- Riverdale Homes
- Rosedale and Moore Park Homes
- Yonge and St-Clair Homes
- Forest Hill South Homes
- Midtown Homes
- Annex Homes
- The Beaches Homes
- Trinity-Bellwoods Homes
- Little Italy and Palmerston Homes
- High Park Homes
- Etobicoke and Mimico Homes
- Suggest A Neighbourhood Not Listed Here



