3055 RICHMOND Road, Ottawa, ON
Britannia Heights · K2B 6S6 · MLS X14120298
$999,900
New · For sale
About this property
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.
Property details
Style
Designated
Lot
41.81 x 119.24 Feet
Annual taxes
$4,869.18
Cross streets
Bayshore/Dumaurier
Listed
2026-10-27
Brokerage
RE/MAX HALLMARK REALTY GROUP
Location
Listing information is supplied by third-party brokerage and listing data sources. Status, price and details can change without notice, are believed reliable but are not guaranteed, and must be independently verified. Shown for personal, non-commercial use. Not intended to solicit properties already listed with another brokerage. Full disclosures.
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