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

5969 Ottawa Street Ottawa, Ontario K0A 2Z0

5 Acres
Acreage

$695,000

An incredible opportunity awaits with this expansive 5.48-acre vacant lot, ideally situated on the northwest side of Ottawa Street in the heart of the Village of Richmond. With Rural General Industrial zoning & a Village designation in Ottawa's Official Plan, this site offers exceptional flexibility for a range of future uses. The lots triangular shape & prime location among rural residential dwellings, light industrial buildings, & vacant lands provide endless possibilities for growth & diversification. A newly built 1500-home subdivision by Mattamy is underway directly across the street & a planned distillery nearby enhances the area's long-term potential. The northwest portion of the site, approximately 0.8 acres, has been fully prepared for development. A two-storey, 453.25 m (4,878 sq. ft.) prefabricated slab-on-grade building is proposed (for an additional price), with a 20-foot side wall height allowing for an internal second storey. Stone base installation is complete, a 400-amp single-phase hydro service is in place, & two wells have been added for potential low-cost geothermal heating & cooling. A new, large septic system supports future development needs, while a gravel driveway offers 6 proposed parking spaces, with additional space available for expansion. All major studies - environmental, transportation, engineering, & planning - have been completed, & a delegated authority report has been received from the City of Ottawa. This significantly reduces the planning burden for a new owner, allowing for a fast-tracked site plan control agreement process with minimal additional effort. Surrounded by established businesses, future residential growth, & natural green spaces, this property presents a rare combination of rural charm, commercial viability, & investment upside - all within minutes of Eagleson Road & major arteries into Ottawa. Seize this opportunity to bring your vision to life in a thriving & strategically located Village settlement area (id:67947)

Property Details

MLS® Number X13692530
Property Type Vacant Land
Community Name 8204 - Richmond
Features Irregular Lot Size

Building

Size Interior 5 Acres
Utility Water Drilled Well

Land

Acreage Yes
Sewer Septic System
Size Depth 466 Ft ,8 In
Size Frontage 1020 Ft ,3 In
Size Irregular 5.46
Size Total 5.46 Ac
Size Total Text 5.46 Ac
Zoning Description Industrial - Rg3[385r]

https://www.realtor.ca/real-estate/30174445/5969-ottawa-street-ottawa-8204-richmond

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Kevin Feely, Exp Realty · Marlon Armstrong, Exp 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.