1085 Richard Ave, Ottawa, K1H 8C3

Home Overview

Description

Exceptional development opportunity just minutes from Ottawa's downtown core. This prime lot is located in a rapidly transforming neighbourhood with numerous successful redevelopment projects nearby, highlighting the exciting potential of this site. Zoned R3A, the property offers flexibility for a variety of residential builds including triplexes, semi-detached homes, and townhouses. Buyers are advised to conduct their own due diligence regarding permitted uses as well as all aspects of the property such as property taxes. This property is being sold as a development or renovation opportunity. The existing structure is not suitable for occupancy - it is offered with no warranties. Quick closing is preferred. Enjoy unbeatable proximity to Carleton University, Lansdowne Park, Old Ottawa South, The Glebe, and Alta Vista. The area is rich in amenities including restaurants, parks, bike trails, fabulous schools, and convenient access to the LRT. Whether you're an investor or developer, this is a rare chance to shape a project in one of Ottawa's most promising urban pockets.

19 days

On Market

Detached

Property Type

$4,221 / Year

Est. Taxes

2-Storey

Style

None

Garage

Part Fin

Basement