FOR SALE
$2,175,000
6197 Ottawa, Richmond, ON, K0A 2Z0
3+1
5
3000-3500
About the Property
DEVELOPMENT SITE STEPS TO LRT. 0.34-acre site located ~400m from Cyrville LRT Station. Successfully rezoned Hub Zone 2 [F], permitting mid-rise residential intensification in a rapidly evolving corridor. Preliminary plans support a 6-storey mid-rise development, with supporting reports available.
About the Property
DEVELOPMENT SITE STEPS TO LRT. 0.34-acre site located ~400m from Cyrville LRT Station. Successfully rezoned Hub Zone 2 [F], permitting mid-rise residential intensification in a rapidly evolving corridor. Preliminary plans support a 6-storey mid-rise development, with supporting reports available.
Approved zoning in place reduces entitlement risk and allows for near-term execution. Flexible strategy: develop immediately, hold with income while advancing design, or reposition within a transforming transit-oriented node. There are many permitted uses outlined in this mixed-use hub zone. In-place gross income (~$71K/year; ~$88K potential) provides stable holding revenue.
Features
Property Details
MLS#:
X13055586
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
6+2
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
20 Spots
Cross Street:
Cyrville Rd and St. Laurent Blvd.
Basement:
Full, Finished
Approved zoning in place reduces entitlement risk and allows for near-term execution. Flexible strategy: develop immediately, hold with income while advancing design, or reposition within a transforming transit-oriented node. There are many permitted uses outlined in this mixed-use hub zone. In-place gross income (~$71K/year; ~$88K potential) provides stable holding revenue.
Features
Property Details
MLS#:
X13055586
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
6+2
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
20 Spots
Cross Street:
Cyrville Rd and St. Laurent Blvd.
Basement:
Full, Finished
Maintenance:
Exterior:
Aluminum Siding
Possession Date:
Jun 1, 2026
Presented By:
SUTTON GROUP - OTTAWA REALTY
Maintenance:
Exterior:
Aluminum Siding
Possession Date:
Jun 1, 2026
Presented By:
SUTTON GROUP - OTTAWA REALTY