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:66096)
Property Details
MLS®
X13692530
Property Type
Vacant Land
Zoning
Industrial - RG3[385r]
Lot Size
5.46 acres
Frontage
1,020 ft
Price per Acre
$127,289 per acre
Property Tax
$5,045.64/yr
Listed
77 days ago
Features
Lot Features
Irregular lot size
Services
Water
Drilled Well
Sewer
Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
77d
Ottawa listings, avg age
63d
List price
$695K
Long Listed: 77 days on market, against an average age of 63 days across the listings currently for sale in this city
Market timing · days on market0 → 63d avg age of current listings
Long Listed · day 77
Haho
This vacant land in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K0A)
This home lists at $695,000, about 6.0× the local median household income of $115,000.
Carrying it typically needs a household income of about $135,758 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
Median household income
$115,000
Population
111,626
Median age
44
Owner / renter
87% / 13%
Avg. household size
2.6
Source: Statistics Canada, 2021 Census (FSA K0A)
$695,000
For sale
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