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 20m.The main floor offers 1,394 sq. ft. living space (as per 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 kitchenette, 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 kitchenette, bathroom vanity etc. 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! (id:55689)
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| MLS® Number | X13864076 |
| Property Type | Single Family |
| Neigbourhood | Fairfield Heights |
| Community Name | 6201 - Britannia Heights |
| Equipment Type | Water Heater |
| Features | In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Amenities | Fireplace(s) |
| Appliances | Dishwasher, Dryer, Microwave, Two Stoves, Washer, Two Refrigerators |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Concrete, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 118 Ft ,7 In |
| Size Frontage | 85 Ft |
| Size Irregular | 85 X 118.6 Ft |
| Size Total Text | 85 X 118.6 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Kitchen | 4.42 m | 6.91 m | 4.42 m x 6.91 m |
| Lower Level | Family Room | 6.4 m | 5.56 m | 6.4 m x 5.56 m |
| Lower Level | Bedroom | 5.87 m | 5.66 m | 5.87 m x 5.66 m |
| Lower Level | Office | 5.56 m | 4.6 m | 5.56 m x 4.6 m |
| Main Level | Living Room | 7.16 m | 5.18 m | 7.16 m x 5.18 m |
| Main Level | Dining Room | 4.78 m | 4.57 m | 4.78 m x 4.57 m |
| Main Level | Kitchen | 6.22 m | 4.57 m | 6.22 m x 4.57 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 5.87 m | 5.66 m | 5.87 m x 5.66 m |
| Main Level | Bedroom 2 | 4.93 m | 5.21 m | 4.93 m x 5.21 m |
| Main Level | Bedroom 3 | 5.21 m | 5.21 m | 5.21 m x 5.21 m |
https://www.realtor.ca/real-estate/30366808/3021-richmond-road-ottawa-6201-britannia-heights
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