3055 RICHMOND ROAD

Key facts

• Property type: Vacant Land
• Transaction: For Sale
• Price: class="container" id="details-container",100,000
• Interior size: 11,033 sqft
• Lot size: 137.18 x 119.24 FT ; 1
• Listing key: 29832719

Listing overview

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 class="container" id="details-container",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...