
List Price: $1,500,000
3055 RICHMOND Road, Britannia Heights Queensway Terrace N And Area, K2B 6S6
- By RE/MAX HALLMARK REALTY GROUP
Land|MLS - #X12193007|New
Bed
Bath
11033 Sqft.
Client Remarks
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, etc. 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. CHMC Financing available - buyer to verify. Don't miss out on securing your future in Ottawas thriving real estate market!
Property Description
3055 RICHMOND Road, Britannia Heights Queensway Terrace N And Area, K2B 6S6
Property type
Land
Lot size
N/A acres
Style
Approx. Area
11033 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
11033
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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3055 RICHMOND Road, Britannia Heights Queensway Terrace N And Area, K2B 6S6Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
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