3021 Richmond Road

6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area, K2B 6S6

$799,000

3+1 bedrooms
2 bathrooms
4 parking
1100-1500 sq ft

Listed 15 days ago · MLS® X13864076

Open house

Sunday, October 25 at 2:00 p.m. to 4:00 p.m. Add to calendar

More open houses in Britannia Heights - Queensway Terrace N and Area

About this home

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!

Details

Type: Detached
Style: Bungalow
Size: 1100-1500 sq ft
Lot: 85 × 118.6 ft
Basement: Finished with Walk-Out, Full
Garage: None
Kitchens: 2
Property tax: $5,657 (2026)
Neighbourhood: 6201 - Britannia Heights
Municipality: Britannia Heights - Queensway Terrace N and Area
Price per sq ft: $615 (20% above detached houses in Britannia Heights - Queensway Terrace N and Area, $513)

Interior

Bedrooms: 3 above ground + 1 below
Bathrooms: 1 × 4-piece (main), 1 × 4-piece (lower)
Kitchens: 2 (1 below ground)
Rooms: 12 above ground
Family room or den: Yes
Fireplace: Natural Gas
Features: In-Law Suite

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air
Water and sewer: Septic

Building and exterior

Style: Bungalow
Exterior: Stucco (Plaster)
Roof: Asphalt Shingle
Foundation: Concrete, Block
Faces: North

Parking

Total parking: 4

Lot

Size: 85 × 118.6 ft

Possession: TBD
Cross street: Carling Ave

Rooms

Room	Level	Size
Living Room	Main	7.16 × 5.18 m (23'6" × 17')
Dining Room	Main	4.78 × 4.57 m (15'8" × 15')
Kitchen	Main	6.22 × 4.57 m (20'5" × 15')
Bathroom	Main
Primary Bedroom	Main	5.87 × 5.66 m (19'3" × 18'7")
Bedroom 2	Main	4.93 × 5.21 m (16'2" × 17'1")
Bedroom 3	Main	5.21 × 5.21 m (17'1" × 17'1")
Family Room	Lower	6.4 × 5.56 m (21' × 18'3")
Bedroom	Lower	5.87 × 5.66 m (19'3" × 18'7")
Office	Lower	5.56 × 4.6 m (18'3" × 15'1")
Kitchen	Lower	4.42 × 6.91 m (14'6" × 22'8")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

🚇 Pinecrest LRT12 min walk
🚇 Bayshore LRT15 min walk

Within a 10-minute walk: 1 grocery store, 15 cafés and restaurants, 11 parks, 4 pharmacies. Nearest grocery: Walmart Supercentre (550 m). Nearest park: Barwell Park (150 m).

Schools nearby

Elementary

Al Furqan School Private8 min walk
St. Rose of Lima School Catholic
EQAO: Gr 6 reading 96%, math 48%8 min walk
MindWare Academy Private12 min walk
Bayshore Public School
EQAO: Gr 6 reading 69%, math 37%12 min walk

Secondary

Abraar School Private7 min walk
St. Paul High School Catholic
EQAO: Gr 9 math 52%, literacy test 87%18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K2B

Owners / renters: 36% / 64%
Median household income: $72,000
Average age: 42
Children under 15: 15%
Homes: 17% detached, 54% high-rise
Commute by transit: 21%
Population: 33,254

Languages spoken most at home besides English: Arabic 3.3%, Somali 1%, Tagalog (Pilipino, Filipino) 1%, Spanish 0.8%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 11 km. Transit times · Driving times

Coming transit

🚧 Pinecrest O-Train800 m · opening 2026
🚧 Bayshore O-Train950 m · opening 2026
🚧 Queensview O-Train1.5 km · opening 2026

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by DETAILS REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $3,499
Property tax: $471
Total: $3,970

$159,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $159,800
Land transfer tax: $12,455
Legal and other costs: ~$2,500
Total: $174,755

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$2,900/month

Typical asking rent for 3 bedroom homes like this within 3.5 km (6 for rent now; most $2,600–$3,200).

As a rental, with 20% down

Rent: $2,900
Mortgage: −$3,499
Property tax: −$471
Insurance, repairs, vacancy: −$381
Cash flow: −$1,451/month

Cap rate 3.1% · gross yield 4.4%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby