3055 RICHMOND Road
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!
Features & finishes
Property details
| MLS® Number | X13221436 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Land |
| Interior Size | 11,033 sq ft |
| Lot Size | 11,033 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| Neighbourhood | 6201 - Britannia Heights |
| City | Britannia Heights - Queensway Terrace N and Area |
| Postal Code | K2B 6S6 |
| Province | ON |
| Listed Date | June 4, 2026 |
| Days on Market | 63 |
| Price per Sq Ft | $100 |
| Brokerage | RE/MAX HALLMARK REALTY GROUP |
Location
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