3021 Richmond Road
Britannia Heights - Queensway Terrace N and Area, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
Investors & Developers Knock! Exceptional income producing asset with huge future development potential! Welcome to this 3+1 bedroom bungalow with Walkout Basement situated on a prime 85'x118' lot in a highly sought-after community of Britannia Heights. Currently offering excellent flexibility, you can decide whether you want to keep it operating as a duplex-style (generating approximately $4000 rental income) or redevelop in the future. New zoning is MS2, allowing for high-density development with a maximum building height of up to 30m. The main floor offers 1,394 sq. ft. living space (as MPAC) features quality finishes & numerous updates. The spacious, sun-filled eat-in kitchen offers solid wood cabinetry, SS appliances and abundant counter storage space. Conveniently open to the dining area, it creates a warm inviting space for family meals & entertaining. The bright elegant living room features a fireplace, providing a comfortable setting for relaxing & gatherings. Three generously sized bedrooms and a full bathroom complete the main level. The spacious primary bedroom provides direct access to a large deck overlooking the beautiful backyard, perfect for a morning coffee, afternoon tea, BBQs or enjoying a peaceful sunset. A separate entrance leads to the recently renovated lower level, featuring an oversized kitchen, spacious bedroom, living room, den, full bathroom& laundry area. This flexible space is ideal for extended family or additional income. Step outside to your private backyard retreat, complete with mature trees, perennial gardens, and multiple decks, offering plenty of space for outdoor relaxation & entertaining. Recent updates (2026), fresh paint throughout, lighting fixtures, vinyl flooring, basement Kitchen cabinetry and countertop, bathroom vanity etc.Property wired for EV charging.Whether you're looking for an income-producing property, a flexible multi-generational home, or a future development potential, this is an opportunity worth exploring!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $5,657
- Listed
- October 5, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Block
- Interior
- In-Law Suite
- Lot Size
- 85 x 118.6 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Carling Ave
- Parcel Number
- 039420021
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- 2 Stoves, 2 Fridges, Washer, Dryer, Dishwasher, Microwave
- Rental Items
- Hot Water Tank
Schools
Secondary
- École secondaire publique L'Alternative0.3 km
French public · CÉP de l'Est de l'Ontario · 70 students
- Woodroffe High School0.9 km
Public · Ottawa-Carleton DSB · 900 students
Grade 10 literacy: 81% met the provincial standard
- St Paul High School2.2 km
Catholic · Ottawa CSB · 700 students
Grade 10 literacy: 87% met the provincial standard
Elementary
- Regina Street Alternative School0.6 km
Public · Ottawa-Carleton DSB · 190 students
Grade 3 reading: 54% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Dr F J McDonald Catholic Elementary School0.7 km
Catholic · Ottawa CSB · 195 students
Grade 3 reading: 60% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Severn Avenue Public School0.8 km
Public · Ottawa-Carleton DSB · 325 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 69% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2B
- Population
- 33,254
- Private dwellings
- 15,737
- Median age
- 39.6
- Average household size
- 2.2
- Median household income
- $72,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Britannia Heights - Queensway Terrace N and Area · last 12 months
- Median sold price
- $577,500
- Homes sold
- 95
- Median days on market
- 29
- Sale-to-list price
- 97.6%
Based on 95 recorded sales of residential freehold properties in Britannia Heights - Queensway Terrace N and Area over the last 12 months.
Rooms
4-piece on Main, 4-piece on Lower
Main
- Bathroom
- Bedroom 216'2" x 17'1"
- Bedroom 317'1" x 17'1"
- Dining Room15'8" x 15'
- Kitchen20'5" x 15'
- Living Room23'6" x 17'
- Primary Bedroom19'3" x 18'7"
Lower
- Bedroom19'3" x 18'7"
- Family Room21' x 18'3"
- Kitchen14'6" x 22'8"
- Office18'3" x 15'1"
Listed by
DETAILS REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$159,800
Estimated Monthly Payment
$3,925
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,925/mo (20% down, 5.5%)
Taxes: $471/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?