The osmium‐catalyzed dihydroxylation of N‐substituted alkyl 2‐(aminomethyl)acrylates resulted in the efficient synthesis of 2‐(aminomethyl)‐2,3‐dihydroxypropanoates in good yields (82–89 %). The resulting aminodiols were elaborated in a selective diversity‐oriented synthesis to produce the corresponding 2‐(aminomethyl)oxirane‐2‐carboxylates, functionalized aziridine‐2‐carboxylates, and azetidine‐3‐carboxylates by using straightforward reactions.