3055 RICHMOND RD, Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6
3055 RICHMOND RD, Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6
3055 RICHMOND RD, Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6
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$1,200,000
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3055 RICHMOND RD Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6

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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

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 906-0080

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3055 RICHMOND RD

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