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Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6,3055 RICHMOND RD
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Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6,3055 RICHMOND RD
Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6,3055 RICHMOND RD
Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6,3055 RICHMOND RD
Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6,3055 RICHMOND RD
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,500,000
Est. payment /mo
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Active

3055 RICHMOND RD Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6

11,033 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 11,033 sqft

Price per Sqft $135

Subdivision 6201 - Britannia Heights

MLS Listing ID X12193007

Annual Tax Amount $4,869

Tax Year 2025

Property Sub-Type Land

Lot Depth 119.24

Lot Front 137.18

Property 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, 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!

Location

Province ON

County Ottawa

Community 6201 - Britannia Heights

Area Ottawa

Exterior

Community Features Greenbelt/Conservation, Major Highway

Utilities Available Yes

Lot Frontage 137.18

Lot Depth 119.24

Listed by RE/MAX HALLMARK REALTY GROUP
agent

Jethro Seymour

Broker

+1(416) 712-0767

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3055 RICHMOND RD

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