3055 RICHMOND ROAD, Ottawa
- Land
- Ottawa location
Ask Peter Sagos | REALTOR® about this property
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! (id:67440)
Property Details
Building & Features
Interior
- Fireplace
- No
Lot and land
- Lot dimensions
- 137.18 x 119.24 FT ; 1
- Frontage
- 137.2 ft
- Lot features
- Conservation/green belt
- Zoning
- R4
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
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