3055 RICHMOND Road, Britannia Heights - Queensway Terrace N and Area, ON K2B 6S6
6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area · Near Bayshore/Dumaurier · View map
About this home
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! Full financial proforma available.
The home
- Type
- Land
- Square footage
- 11033 sq ft
- Lot size
- 137.2 x 119.2 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $4,869/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flex
- Cross street
- Bayshore/Dumaurier
- Neighbourhood
- 6201 - Britannia Heights
More
- MLS® number
- X14120298
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
3055 RICHMOND Road, Britannia Heights - Queensway Terrace N and Area, ON K2B 6S6
6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area · Near Bayshore/Dumaurier
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Listing history for 3055 RICHMOND Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 3055 RICHMOND Road
Answers come straight from this home’s MLS® listing.
How much is 3055 RICHMOND Road listed for, and what would it cost each month?
3055 RICHMOND Road is listed for $999,900. With 20% down ($199,980), the mortgage payment would be roughly $4,033 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,439 a month, all in. That figure is an illustration, not a quote.
Is 3055 RICHMOND Road freehold or a condo, and is there a monthly fee?
3055 RICHMOND Road is a land in 6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 3055 RICHMOND Road have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 3055 RICHMOND Road?
3055 RICHMOND Road is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 3055 RICHMOND Road, and what is the lot size?
The lot is listed as 137.2 x 119.2 ft.
What are the property taxes for 3055 RICHMOND Road?
Property taxes are $4,869 a year (2025), or about $406 a month.
Where is 3055 RICHMOND Road?
3055 RICHMOND Road is in the 6201 - Britannia Heights community of Britannia Heights - Queensway Terrace N and Area. The nearest main intersection is Bayshore/Dumaurier. The postal code is K2B 6S6.
Is 3055 RICHMOND Road still for sale?
Yes. It is an active listing (MLS® X14120298). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3055 RICHMOND Road asking?
Similar properties for sale nearby right now include 3021 Richmond Road at $799,000 (3+1 bed), 828 Alpine Avenue at $899,000 (3+1 bed) and 856 Norton Avenue at $849,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 3055 RICHMOND Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 3055 RICHMOND Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 6201 - Britannia Heights, picked by style, size and price.
Detached home$799,0003021 Richmond Road, Britannia Heights - Queensway Terrace N and Area3+1 bed · 2 bath · 6201 - Britannia HeightsCourtesy of: DETAILS REALTY INC.View home →
Semi-detached home$899,000828 Alpine Avenue, Britannia Heights - Queensway Terrace N and Area3+1 bed · 4 bath · 6203 - Queensway Terrace NorthCourtesy of: SOLID ROCK REALTYView home →
Semi-detached home$849,000856 Norton Avenue, Britannia Heights - Queensway Terrace N and Area3 bed · 4 bath · 6203 - Queensway Terrace NorthCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →Courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.