3055 RICHMOND ROAD$1,100,000

#1370643

N/A bed

N/A bath

About the Property

Prime development land opportunity in Britannia Heights Ottawa! This is an investment opportunity to build 16 units and 9 parking spaces. Site Plan Approval Spring 2024, building permits in 30-60 days then 12-18 months to build. Near the upcoming LRT station, right off the highway. Solid investment in a central location, within walking distance to a movie theatre, shops, and Bayshore, the second-largest mall in the city of Ottawa. Flexible options, buy and build yourself or the vendor can build the project for you. Property currently has a home on it rented for $2000+ utilities. This prime location provides a significant advantage, attracting potential quality tenants as a high-value investment. The well-designed site plan, convenient parking options, upcoming LRT station, and proximity to major transportation routes, this property is poised for success. Don't miss out on this lucrative chance to secure your future in the real estate market! (id:46641)

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Listing Agent

Ali Abbas

Salesperson

(613) 216-2624

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Property Details

City: Ottawa

Neighbourhood: Britannia Heights

Lot Size: 0.25 ac

Property

Property Type

Vacant Land

Ownership Type

Freehold

Land Size

0.25 ac

Land Depth

119 ft ,3 in

Building

Measurements

Additional Info

Listing Contract Date

2023-11-30

Zoning Description

R1GG

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