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Exceptional development opportunity just minutes from Ottawa's downtown core. This prime lot is located in a rapidly transforming neighbourhood with numerous successful redevelopment projects nearby, highlighting the exciting potential of this site. Zoned R3A, the property offers flexibility for a variety of residential builds including triplexes, semi-detached homes, and townhouses. Buyers are advised to conduct their own due diligence regarding permitted uses. This property is being sold for land value only. The existing structure is not suitable for occupancy and is offered strictly AS IS WHERE IS with no warranties. Quick closing is preferred. Enjoy unbeatable proximity to Carleton University, Lansdowne Park, Old Ottawa South, The Glebe, and Blue Heron Mall just blocks away. The area is rich in amenities including restaurants, parks, bike trails, and convenient access to the LRT. Whether you're an investor or developer, this is a rare chance to shape a project in one of Ottawa's most promising urban pockets.
City: Ottawa
Neighborhood: Billings Bridge

| Purchase Price | $850000 |
| Down Payment | $170000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $680000 |
| Mortgage Payment | $4190 |
| Property Taxes | $352 |
| Maintenance Fees | $0 |
| Monthly Payment | $4542 |
Located at 1085 Richard Ave , this Ottawa house is available for sale. This property was listed for $850,000 on Thu Oct 09 2025. This house's size is 1500-2000 Sqft. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 1085 Richard Ave, Ottawa is situated in the Billings Bridge neighbourhood.
MLS#: X12455564 · $850,000 · null bedroom house in Billings Bridge, Ottawa