3033 RICHMOND ROAD, Ottawa, ON K2B6S6
3033 RICHMOND ROAD, Ottawa, ON K2B6S6
3033 RICHMOND ROAD, Ottawa, ON K2B6S6
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$799,999
Est. payment /mo
5 Beds
4 Baths
700 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $1,142

Subdivision 6201 - Britannia Heights

MLS® Listing ID X13106034

Style Bungalow

Bedrooms 5

Property Description

Imagine all the possibilities! This Walk-out Duplex, with upcoming MS1 Zoning sits on an expansive footprint and provides endless possibilities for high-density redevelopment. Whether your long-term vision involves severing the land into multiple lots, constructing modern stacked townhomes, or developing a large multi-unit complex, this lot serves as a blank slate for significant capital appreciation and intensification. In the short term, the property offers an immediate and reliable income stream to offset all carrying costs. The existing large bungalow is intelligently configured with a three-bedroom, two full bathroom(including master ensuite) upper unit ($2,200/month), while a secondary unit featuring its own private walkout entrance (2-bed, 1-bath) currently brings in $1,600/month. The third unit (Non-Conforming) brings in an additional $650/month. This setup allows you to service the mortgage while you finalize architectural plans and navigate the permitting process for its next use. Beyond the land itself, the value is anchored by unparalleled connectivity; with close proximity to the LRT and rapid transit, plus immediate access to both the 417 and 416, you can be at Parliament Hill or escape the city limits within ten minutes. Buyers are to do their own due diligence with regard to future development. 24 hours irrevocable on all offers. 24 hours notice is required for all showings. 3 bedrooms/1 kitchen above grade, 2 bedrooms/2 kitchens below grade. Some photos are digitally enhanced. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Lower level 3.75 m X 2.94 m Kitchen

Extra Room 2 Lower level 3.55 m X 2.36 m Bedroom 2

Extra Room 3 Lower level 3.86 m X 2.82 m Kitchen

Extra Room 4 Lower level 2.76 m X 2.28 m Bedroom

Extra Room 5 Lower level 1.3 m X 2.87 m Bathroom

Extra Room 6 Lower level 4.57 m X 2.96 m Living room

Interior

Heating Forced air

Cooling Central air conditioning

Fireplaces Number 1

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Attached Garage Yes

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow


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Listed by BENNETT PROPERTY SHOP REALTY

NEARBY SCHOOL & BUSINESS

Ahmad Moharam

+1(613) 883-7060

ahmad.moharam@exprealty.com

343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4

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3033 RICHMOND ROAD