3055 Richmond Road, Ottawa, ON, K2B 6S6

Property Details: - Type: Land - Bedrooms: 0 - Bathrooms: 0 - MLS#: X13221436 Listed By: RE/MAX HALLMARK REALTY GROUP

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! This land home located at 3055 Richmond Road, Ottawa is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $1,100,000 with an estimated mortgage of $4,049* per month. It has beds, bathrooms, and is 11,033 square feet. 3055 Richmond Road, Ottawa is in the Britannia Heights neighborhood Ottawa. Fairfield Heights, Brittania Heights and Ottawa are nearby neighborhoods.