240 Garneau Street, Ottawa

Just steps from Beechwood Village, this detached 2‑storey, with light-coloured vinyl siding, a paved driveway long enough for multiple cars and mature landscaping, offers the rare combination of immediate rental income, redevelopment potential, and a prime location in one of Ottawa's most walkable communities. Currently rented to excellent tenants on a month-to-month lease, the property generates reliable cash flow while you plan your next move. Zoned R4UA, the 40x100ft lot opens the door for future intensification, making this an excellent opportunity for developers and investors seeking a foothold in a high-demand neighbourhood. The spacious 3 bed, 2 bath home features a functional layout with flowing living and dining spaces, original trim and abundant windows that bring in natural light, an updated kitchen with white shaker-style cabinetry, stone-look countertops, a light geometric/stone backsplash and stainless steel appliances, and a side addition with a practical laundry/mudroom and extra storage. Upstairs, three bedrooms (each with hardwood floors and generous window light) plus a versatile nook offer flexibility for families or work-from-home needs. The fenced backyard, with neighbours on only two sides, mature trees and a private feel, is perfect for outdoor enjoyment, future expansion, or even a new garage build or coach house; a gated side yard offers convenient access to the rear. Surrounded by shops, restaurants, schools, parks, and transit along tree-lined streets, this property is ideal as a long-term investment, development site, or a future home for an owner-occupier who wants to be part of a thriving community! (id:1945)