CENTRALLY LOCATED in one of Ottawa's most sought-after urban neighbourhoods, this exceptional DUPLEX presents a rare opportunity for investors, developers, and owner-occupants alike. Situated on a generously sized lot of approximately 108.24 FT X 29.04 FT, this property offers outstanding potential in a high-demand area close to the vibrant amenities of Chinatown and Little Italy. Designed with a practical and appealing layout, EACH FLOOR FEATURES 2 BEDROOMS, 1 BATHROOM, A SEPARATE KITCHEN, AND A SPACIOUS LIVING ROOM-providing flexibility for rental income or multi-generational living. The property has been well-maintained with important updates including a hot water tank (2023), FURNACE (2020), window a/c, and flat roof and windows (approx. 2015). ZONED R4H, this property allows for multi-unit dwellings, making it an excellent holding asset with exciting future redevelopment possibilities. With immediate access to Tunney's Pasture, the LRT, and Ottawa's downtown core, this site is ideally positioned for both strong NEAR-TERM CASH FLOW AND LONG-TERM INTENSIFICATION POTENTIAL. A valuable investment in a rapidly growing location-don't miss it! (id:24093)