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3055 RICHMOND ROAD
Ottawa Ontario K2B6S6 Canada

$1,200,000

Active Listing ID X13066238
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11,033 square feet
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Vacant Land

$1,200,000

Active Listing ID X13066238
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3055 RICHMOND ROAD 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! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Additional Features
  • Basement
Listing Changed: 5/1/2026 2:31:09 AM GMT
Source Updated Date: 5/2/2026 4:17:56 PM GMT

Courtesy of: Shamir Daya, Broker, RE/MAX HALLMARK REALTY GROUP