16
$999,900 Sale
Listed 6 hours ago
3055 RICHMOND Road
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Listing History
Buy/Sell/Terminated/Expired listing history for 3055 RICHMOND Road
Key Facts
Key facts for 3055 RICHMOND Road
Property Type
Commercial
Parking
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MLS #
X14120298
Size
-
Basement
-
Listed on
2026-10-27
Lot size
137 x 119.24
Tax
$4,869.18 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
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 timel...ine 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.
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Courtesy of: RE/MAX HALLMARK REALTY GROUP