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Josee Savard

josee@savardrealty.com +1(249) 877-4045

$799,999

Est. payment - /mo

5 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision 6201 - Britannia Heights

MLS Listing ID X13106034

Style Bungalow

Bedrooms 5

Annual Tax Amount $5,040

Tax Year 2025

Property Sub-Type Duplex

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.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R1GG, R3N[1710]

Rooms

Family Room No

Basement Apartment, Full

Kitchen 3

Interior

Interior Features Primary Bedroom - Main Floor, Separate Hydro Meter

Cooling Central Air

Fireplaces Number 1

Inclusions 3 refrigerators, 3 stoves, 1 dishwasher, 1 washer, 1 dryer.

Exterior

Parking Features Available, Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.0

Lot Depth 120.0

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Block

Others

Senior Community Yes

ParcelsYN No

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Listed by BENNETT PROPERTY SHOP REALTY

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Josee Savard

+1(249) 877-4045

3033 Richmond RD Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6

Josee Savard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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3033 Richmond RD