Description
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:13843)
Details
| MLS # | X13692530 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 72 |
| Listing Provided By | EXP REALTY | Kevin Feely |
Features
| Zoning | Industrial - RG3[385r] |
|---|---|
| Acreage | 5.46 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Irregular lot size |
|---|
Utilities
| Sewer | Septic System |
|---|---|
| Water Source | Drilled Well |
Taxes
| Tax Annual Amount | 5045.64 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K0A2Z0 |
| Listing VS Median (in K0A2Z0) | |
Price: $695,000 low | high Med: $599,000 On site: 72 low | high Med: 8 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K0A2Z0 |
| Listing VS Median (in K0A2Z0) | |
Price: $695,000 low | high Med: $599,000 On site: 72 low | high Med: 8 | |
