An exceptional turnkey opportunity to secure a centrally located property with both immediate rental income and future development upside or rent one unit and off set mortgage with the other! Set on a 33 ft x 95 ft lot with R4UA zoning, this property offers excellent flexibility for investors, owner-occupiers, or those looking to hold and explore future development options over time.The main unit is bright, spacious, and thoughtfully updated, featuring hardwood flooring throughout and an open-concept living and dining area with a breakfast bar. The kitchen offers modern finishes, quartz countertops, ample cabinetry, a walk-in pantry, and direct access to the large backyard. A convenient bathroom and in-unit laundry add everyday function. Upstairs, you will find two generous bedrooms, a full bathroom, and tasteful updates throughout.The lower-level studio unit offers a practical and well-designed living space with a modern kitchen, 3-piece bathroom, and spacious main living area. The shared rear yard provides additional outdoor space for residents, along with a large storage structure.Located just steps from transit, this property offers easy access to downtown Ottawa, Rideau Centre, Ottawa U, Parliament Hill, CSIS, CMHC, NRC, St. Laurent Centre, and more. Bright, well-maintained, and move-in ready, this is a strong addition to any portfolio with excellent long-term potential. Tenants are happy to stay, currently on a month-to-month rent in the upstairs unit. Photos were taken prior to the current tenancies. (id:24093)