Prime Development Land: Build 16 Units in Britannia Heights

Richmond Rd, Ottawa, ON K2B 6S6
$1,100,000
For Sale
  • Richmond Rd, Ottawa, ON K2B 6S6
  • 1,100,000

Description

About this property:
Where? 3055 RICHMOND RD, Ottawa, K2B 6S6
What? Commercial Land
Price? 1,100,000
Call? 613-216-2624

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 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!

Property Information:
- Commercial Land
- 16 units (10 x 1 bed, 6 x 2 beds)
- 9 parking spaces

Neigh. Influences:
- Upcoming LRT Station
- Movie Theatre
- Shops
- Bayshore Mall

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Details

  • Size (acres): 0.25
  • For Sale By: Owner

Location

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