For Sale Vacant Land

875 Richmond Road

$1,599,000 Est. $7,080/mo ↓

Ottawa, Ontario K2A 0G7

13,745 sqft Interior
100 X 134.5 Ft Lot size
70 days ago Listed

About this home

Exceptional development site located at 875 Richmond Road, ideally positioned in one of Ottawa's most sought-after growth corridors. Situated just steps from the new LRT line, this property offers outstanding connectivity and convenience for future residents.Surrounded by an abundance of amenities, including shopping, restaurants, schools, parks, and recreational facilities, the site is also moments from the scenic Ottawa River and its extensive network of walking and cycling trails. This highly desirable location combines urban convenience with access to nature, making it an ideal setting for residential development.With strong redevelopment potential, this property presents an excellent opportunity for developers and investors to explore the construction of a mid-rise apartment building in a rapidly evolving neighborhood. Benefit from increasing demand for transit-oriented housing and capitalize on one of Ottawa's premier development locations.A rare opportunity to secure a strategically located development site in a thriving and growing community. Buyers are encouraged to complete their own due diligence regarding zoning, permitted uses, and development potential. (id:28469)

Facts & features

Property

MLS® Number
X13463152
Property Type
Vacant Land
Neighbourhood
Bay
Community Name
5101 - Woodroffe

Building

Size Interior
13,745 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
134 Ft ,6 In
Size Frontage
100 Ft
Size Irregular
100 X 134.5 Ft
Size Total Text
100 X 134.5 Ft
Zoning Description
Tm[2497] H(15)

Monthly payment estimate

$
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.

Cost of ownership

Est. monthly payment
$7,080/mo
Ontario land transfer tax
$28,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Woodroffe market

4 Active listings
$1,205,000 Median asking price
33% above median This home
61 days Avg. time on market
Browse all Woodroffe listings →

Location

875 Richmond Road, Ottawa, Ontario K2A 0G7  ·  Get directions

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