3055 RICHMOND Road, Britannia Heights - Queensway Terrace N and Area, ON K2B 6S6
Britannia Heights - Queensway Terrace N and Area, ON K2B 6S6
About this property
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! Full financial proforma available.
Property facts & features
- Property type
- Land
- MLS® number
- X14120298
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 11033
- Neighbourhood
- Not provided
- Postal code
- K2B 6S6
- Lot depth (source units)
- 119.24
- Annual property tax
- 4869.18
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $999,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Britannia Heights - Queensway Terrace N and Area →Listing brokerage: RE/MAX HALLMARK REALTY GROUP. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14120298. Information deemed reliable but not guaranteed.