89 Richmond Road — photo 1For sale

I don't have enough recent comparable sales to call this one's price, but 126 days on market. Here's everything I've got on it — ask me anything.

Ottawa · Westboro South

89 Richmond Road

Vacant Land

MLS® #X13075310

Listed for$2,499,999126 days on market
— bed — bath
  • 126 days on market
  • Transit stop ~231.4 km
Free · about 10 seconds

Is $2,499,999 a fair price?

See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.

No obligation · unsubscribe anytime
Est. all-in monthly~$12,572/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

Loading map…
This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~231.36 km

Property information
What house buyers ask first
Lot size
40 × 100 ft
Property tax
$11,279 / yr

Property summary

Property type
Vacant Land
Style
Other
Lot size
40 × 100 ft
Property tax
$11,279 / yr
MLS®
X13075310

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

10 Clarendon AvenueDetached

$995,000

Above recent sales

10 Clarendon Avenue

4 bed · 1 bath·1500-2000 sq ft·2 parking

Ottawa

Listed 4 days ago · Royal LePage Team Realty

  • Listing states: renovated
68 Metropole PrivateCondo Townhouse

$750,000

Above recent sales

68 Metropole Private

2 bed · 3 bath·1600-1799 sq ft·2 parking·$553/mo fee

Ottawa

Listed 3 days ago · Lotful Realty

323 Winona Avenue, Unit 306Condo Apartment

$474,900

Above recent sales

323 Winona Avenue, Unit 306

1+1 bed · 2 bath·800-899 sq ft·1 parking·$800/mo fee

Ottawa

Listed 3 days ago · Remax Boardwalk Realty

535 Hilson Avenue, Unit 4Condo Townhouse

$987,400

535 Hilson Avenue, Unit 4

3 bed · 3 bath·2000-2249 sq ft·2 parking·$326/mo fee

Ottawa

Listed 4 days ago · Engel & Volkers Ottawa

  • Listing states: renovated
The numbers that matter
The numbers that matter
Property tax
$11,279/yr
Est. all-in
~$12,572/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mappedCheck provincial results — EQAO Official Ontario assessment results, searchable by school
Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Trent UniversityNearest transit · Bus stop~231.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa
$614KMedian sold
32Median days on market
98.2%Sale-to-list
Median sold price · Ottawa1-yr -2% · 3-yr 0%
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Ottawa
1,017,449Population (2021)
40Median age
$102,000Median household income
63.9%Home owners
36.1%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details

Fully entitled mid-rise development opportunity in one of Ottawa's most sought-after and supply-constrained corridors. This permit-ready project offers a rare combination of scale, location, and reduced approval risk, ideally suited for experienced developers seeking a high-quality urban infill site.Approved (site plan registered, all studies and engineering plans completed and approved) for a 6-storey (approx. 20m) mixed-use building comprising 19 residential units and approximately 3,000 sq. ft. of commercial space over two levels, with a total gross floor area of ~20,000 sq. ft. Situated on a 40' x 100' lot, the property benefits from a secured minor variance eliminating parking requirements, maximizing efficiency and buildable area.Positioned in the vibrant Wellington/Richmond/Island Park node, the site is surrounded by premium developments, strong demographics, and established retail amenities, supporting long-term rental and investment performance.The project has been designed and with key parameters aligned to CMHC MLI Select program requirements, including residential/commercial allocation thresholds and energy efficiency considerations. Successful qualification under CMHC's MLI Select program can provide access to highly favourable financing terms, including up to 95% loan-to-cost and amortizations of up to 50 years.All information provided is believed to be accurate but must be independently verified by the Buyer. Offering is made on an "as-is, where-is" basis. Seller makes no representations or warranties regarding development potential, approvals, financing, or projected performance. Buyers are responsible for conducting their own due diligence with respect to zoning, permits, costs, and feasibility.A rare opportunity to acquire a near shovel-ready asset in a premier urban location with significant upside potential.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX HALLMARK REALTY GROUP. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.