Prime development land opportunity in Britannia Heights Ottawa! This is an investment opportunity to build 16 units, 9 parking spaces. 10 x 1 bedrooms, 6 x 2 bedrooms. Total Area: 11,000 sqft. Site Plan Approval Spring 2023, building permits in 30-60 days then 12-18 months to build. Near upcoming LRT station, right off the highway. Solid investment in central location, walking distance to 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:37684)
MLS® Number | 1351321 |
Property Type | Vacant Land |
Neigbourhood | Britannia Heights |
Utility Water | Municipal Water |
Access Type | Road Access, Highway Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 119 Ft ,3 In |
Size Frontage | 137 Ft ,2 In |
Size Irregular | 0.25 |
Size Total | 0.25 Ac |
Size Total Text | 0.25 Ac |
Zoning Description | R1gg |
https://www.realtor.ca/real-estate/25829572/3055-richmond-road-ottawa-britannia-heights
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