$1,200,000
FOR SALE

Land

Lot: 137.18 x 119.24 ft
2025 Taxes: $4,869.18

3055 RICHMOND Rd
Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6 | 6201 - Britannia Heights | Ottawa

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!
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13066238
Last Updated Apr 30, 2026
Property Summary
Property Type Land

More like this:
Use Residential
PIN 039420031
Legal Description LT 25 PLAN 523 S/T CR473392 OTTAWA
Possession Date Flex
Taxes (2025) $4,869.18
Directions/Cross Streets Bayshore/Dumaurier
Neighbourhood 6201 - Britannia Heights
Area Ottawa
Price History

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Detailed Information
Lot 137.18 x 119.24 ft
Sewers Sanitary

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