5969 OTTAWA STREET
Ottawa, Ontario
MLS® X13692530
$695,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X13692530
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 10Listing 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
Property summary
- MLS® number
- X13692530
- Property type
- Vacant Land
- Square footage
- 5 sq ft
- Land size
- 5.46 acres
- Annual property taxes
- $5,045.64
- Days on market
- 46 days
Features & details
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $695,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.