Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

3076 Richmond Road Ottawa, Ontario K2B 6K6

$499,900

Vacant development lot on Ottawa's Richmond Road Mainstreet Corridor in the established Bayshore community. 6,415 sq ft with 101 feet of frontage, designated MS2. No demolition required. No minimum front setback below 15 metres. MS2 permits a broad range of mixed-use development with ground floor commercial and residential above. The full MS2 permitted use schedule applies at grade - medical facility, office, restaurant, retail, personal service business, day care, instructional facility, recreation and athletic facility, and many others. A 3 to 4 storey mixed-use building represents a straightforward development program on this site. Rooftop terrace potential on a 4-storey build. Ground floor NNN commercial tenancy estimated at $55,000-$65,000 annual NOI based on current Ottawa west-end mainstreet comparable leases, with residential units above. Minutes from Highway 417, Bayshore Shopping Centre, Queensway Carleton Hospital, Cedar Hill Golf Course, and OC Transpo's Richmond Road corridor. (id:67947)

Property Details

MLS® Number X13151854
Property Type Vacant Land
Neigbourhood Fairfield Heights
Community Name 7004 - Bayshore
Amenities Near By Public Transit, Park
Features Irregular Lot Size

Building

Land

Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Park
Size Depth 106 Ft ,7 In
Size Frontage 101 Ft ,4 In
Size Irregular 101.38 X 106.63 Ft ; Irregular
Size Total Text 101.38 X 106.63 Ft ; Irregular|under 1/2 Acre
Zoning Description R1ff/ms2

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/29779616/3076-richmond-road-ottawa-7004-bayshore

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Johnny Kulwartian, Royal LePage Integrity Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.