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1325 Richmond Rd 0.5 Acres of Commercial Land Offered at $6,600,000 CAD in Ottawa, ON K2B 8L4
Investment Highlights
- Property is leased to a single tenant on a fully net basis, providing stable in-place income and minimal landlord responsibilities.
- Property is currently zoned AM10, with a transition to MS2 anticipated under Ottawa’s evolving zoning framework.
- The Property is located within an established west-end neighbourhood with access to parks, NCC pathways, and nearby amenities.
- Transit Connectivity via Lincoln Fields Station; station is expected to be open and operational in 2027
- Located Richmond Road, which is experiencing ongoing intensification with several nearby sites being repositioned for higher-density residential uses.
Executive Summary
Avison Young Commercial Real Estate Services, LP (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 1325 Richmond Road, Ottawa, ON (the “Property” or “Offering”), a 0.5-acre high-density development site with holding income and proximity to Lincoln Fields LRT station.
The Property offers a compelling opportunity to develop a high-density residential asset in Ottawa’s west end. A preliminary concept envisions a 26-storey tower consisting of approximately 230,000 SF of gross building area, including 270 residential units and ground floor commercial space. While not currently approved, the concept reflects the scale of potential development on the site and aligns with the ongoing intensification of the Richmond Road corridor.
The Property offers a compelling opportunity to develop a high-density residential asset in Ottawa’s west end. A preliminary concept envisions a 26-storey tower consisting of approximately 230,000 SF of gross building area, including 270 residential units and ground floor commercial space. While not currently approved, the concept reflects the scale of potential development on the site and aligns with the ongoing intensification of the Richmond Road corridor.
Property Facts
1 Lot Available
Lot
| Price | $6,600,000 CAD | Lot Size | 0.50 AC |
| Price Per AC | $13,200,000.00 CAD |
| Price | $6,600,000 CAD |
| Price Per AC | $13,200,000.00 CAD |
| Lot Size | 0.50 AC |
1 1
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
70/100
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1325 Richmond Rd
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