122 days on market
$975,000
For Sale

5969 Ottawa St

Richmond, Richmond

122 days on market

$975,000

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Home Details

Taxes
$421 / month
Total Parking Spots
0
Garage Spaces
NaN
Furnished
No
Move-in Date
TBD
Hydro Included
No
Water Included
No
Central Vaccum
No
Zoning
Industrial
Sewer
Septic
Property Type
Vacant Land
Style
Other
Status
New
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Listing 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 (& included in the listed 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 History

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Rooms

Room dimensions for 5969 Ottawa St, Richmond
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Market Trends and Insights

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Your estimated monthly payment for 5969 Ottawa St is 5227

Price

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Total Mortgage


Purchase Price$975000
Down Payment$195000
Mortgage Insurance$0
Total Mortgage$780000

Monthly Payment


Mortgage Payment$4807
Property Taxes$421
Maintenance Fees$0
Monthly Payment$5227
$5227
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About 5969 Ottawa St, Richmond

Located at 5969 Ottawa St , this Richmond house is available for sale. This property was listed for $975,000 on Mon Jun 16 2025. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 5969 Ottawa St, Richmond is situated in the Richmond neighbourhood.


MLS#: X12223309 · $975,000 · null bedroom house in Richmond, Richmond