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MLS® X13066238
Britannia Heights - Queensway Terrace N, Ottawa, ON
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!
Broker
RE/MAX HALLMARK REALTY GROUP
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Land
3055 RICHMOND Road Britannia Heights - Queensway Terrace N, Ottawa
Britannia Heights - Queensway Terrace N and Area
Type
Land
Property Tax
~$4,869/yr
Buying Essentials
Square Feet
11033 sqft
Finances
List Price
$1,200,000
Price per SQFT
$109/sqft
Property Tax
~$4,869/yr
Property Specs
Property Type
Land
MLS Size
11033 sqft
Policies & Utilities
Neighbourhood
Britannia Heights - Queensway Terrace N and Area
Listed On
Apr 30, 2026
Greenbelt/Conservation
Major Highway
Days on Market
Current: 191 days
Room information is not available for this listing.
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