| 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 |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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| Book Showing | Email a Friend |
| 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: |