$1,200,000
Available - For Sale
Listing ID: X13066238
3055 RICHMOND Road , Britannia Heights - Queensway Terrace N , K2B 6S6, Ottawa


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 $1,200,000
Taxes: $4869.18
Tax Type: Annual
Occupancy: 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
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Designated
Use: Residential
Total Area: 11033.00
Total Area Code:  Square Feet
Area Influences: Greenbelt/Conse   Major Highway
Washrooms: 0
Sewers: Sanitary
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Hala Elkilany
Sales Representative
Dir:
647-502-2121
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
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
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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