Britannia Heights - Queensway Terrace N and Area - 6201 - Britannia Heights
Britannia Heights - Queensway Terrace N and Area - 6201 - Britannia Heights
Listed For $1,100,000
Get Pre-approvedAdded 7 days ago
Exceptional investment opportunity in the heart of Ottawa's Britannia Heights! This centrally located property comes with Site Plan Approval for 21 residential units and 9 parking spaces, and will be rezoned to R4 on closing. Building permits are expected within 30-60 days, with a construction timeline of just 12-18 months. Situated near the upcoming LRT station and just seconds from the highway, this location offers unmatched convenience. Walking distance to shops, a movie theatre, and Bayshore Shopping Centre-Ottawa's second-largest mall-this is a high-demand area ideal for attracting quality tenants. The property currently includes a home rented at $1,000/month, providing holding income. Significant soft costs have already been covered, including rezoning, engineering reports, ESA, and
* Values are estimates only and not a guarantee of lending or affordability.