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    For Sale - 3055 RICHMOND Road, Britannia Heights - Queensway Terrace N and Area, Ontario

    Est payment $5,037/mo
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    Views   2
    Time on Jump  90 day

    AI Summary *

    • Centrally located investment property with site plan approval for 21 residential units.
    • Near upcoming LRT station and easy access to the highway.
    • Walking distance to shops, a movie theatre, and major mall.
    • Current rental income from home provides immediate cash flow.
    • Flexible options to build yourself or have a completed project delivered.




    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!
    Listing IDX13550012
    Address3055 RICHMOND Road
    CityBritannia Heights - Queensway Terrace N …
    Price$1,049,000
    StyleLand
    Land Size11033
    TypeVacant Land
    StatusFor Sale

    Subtype LandCommunity Features Greenbelt/Conservation, Major HighwaySewer Sanitary

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    Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    3055 Richmond Road
    Britannia Heights - Queensway Terrace N and Area , Ontario
    $1,049,000
    Get more info