101.38 X 106.63 Ft ; Irregular, Under 1/2 Acre Lot size

About this home

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:28469)

Facts & features

Property

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

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

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

3076 Richmond Road, Ottawa, Ontario K2B 6K6 · Get directions