3055 Richmond Road,Ottawa, ON K2B6S6
Ottawa, ON K2B6S6
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! (id:13843)
Details
| MLS # | X13550012 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 107 |
| Listing Provided By | RE/MAX HALLMARK REALTY GROUP | Shamir Daya |
Features
| SQ Feet | 11,033 |
|---|---|
| Zoning | R4 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Conservation/green belt |
|---|
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4869.18 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2B6S6 |
| Listing VS Median (in K2B6S6) | |
Price: $1,049,000 low | high Med: $924,000 sqft: 11,033 low | high Med: 6,067 $ / sqft: $95 low | high Med: $411 On site: 107 low | high Med: 63.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2B6S6 |
| Listing VS Median (in K2B6S6) | |
Price: $1,049,000 low | high Med: $924,000 sqft: 11,033 low | high Med: 6,067 $ / sqft: $95 low | high Med: $411 On site: 107 low | high Med: 63.5 | |