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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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Walk around the neighborhood
3055 RICHMOND Road, Britannia Heights Queensway Terrace N And Area, K2B 6S6
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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