3055 Richmond Road, Ottawa, Ontario

About 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! Full financial proforma available. (id:6289)

More Info on this 6201 - Britannia Heights MLS® listing

3055 Richmond Road is a listing for sale in Ottawa. The MLS® number is X14120298. It covers 11,033 square feet. It's currently listed for $999,900. For more details on MLS® X14120298, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 6201 - Britannia Heights is available now!

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