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Lots & Land in Britannia Heights - Queensway Terrace N and Area
About 3055 Richmond Road
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 urban planning. Flexible options available: purchase the land and build yourself, or the vendor can deliver the completed project. With a strong location, transit access, and approvals in place, this is a turnkey development opportunity poised for success. Don't miss out on securing your future in Ottawa's thriving real estate market! Full financial proforma available.
Britannia Heights - Queensway Terrace N and Area land priced at $999,900 — book a tour to see if it fits your search.
Inside 3055 Richmond Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
11033
Listing & possession
Property class
Land
3055 Richmond Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14120298$999,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3055 Richmond Rd Compares to the Britannia Heights - Queensway Terrace N and Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Britannia Heights - Queensway Terrace N and Area market, last 90 days
Median sold price
$610,000
Average sold price
$616,437
Average days on market
34
Homes sold
47
Closed sales on the TRREB MLS®.
Living in Britannia Heights - Queensway Terrace N and Area: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
Own a home on Richmond Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
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Book a tour of 3055 Richmond Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 3055 Richmond Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 3055 Richmond Rd
Market pulse · Britannia Heights - Queensway Terrace N and Area
Median sold price$610,000Last 90 days
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings32Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 47 sales from Jul 29 – Oct 27, 2026 (26 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3055 Richmond Rd
How much is 3055 Richmond Rd listed for?
3055 Richmond Rd is listed at $999,900 (MLS® X14120298). Summitly updates the price as soon as the MLS® record changes.
Has the price of 3055 Richmond Rd changed?
No — 3055 Richmond Rd is still listed at its original asking price of $999,900.
How many bedrooms and bathrooms does 3055 Richmond Rd have?
The listing for 3055 Richmond Rd doesn't publish its bedroom and bathroom count. It is a lot in Britannia Heights - Queensway Terrace N and Area.
How does 3055 Richmond Rd compare with other homes in Britannia Heights - Queensway Terrace N and Area?
Its asking price of $999,900 is about 64% above the median sold price in Britannia Heights - Queensway Terrace N and Area over the last 90 days, $610,000, across 47 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3055 Richmond Rd been sold before?
Summitly has no earlier MLS® sale or lease of 3055 Richmond Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3055 Richmond Rd?
3055 Richmond Rd is in Britannia Heights - Queensway Terrace N and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3055 Richmond Rd been on the market?
3055 Richmond Rd was listed today (October 27, 2026).
What is the land transfer tax on 3055 Richmond Rd?
About $16,473 in Ontario land transfer tax at the asking price of $999,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 3055 Richmond Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 3055 Richmond Rd?
The listing for 3055 Richmond Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Britannia Heights - Queensway Terrace N and Area.
When was 3055 Richmond Rd built?
The listing for 3055 Richmond Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
