240 Garneau Street Ottawa, Ontario K1L 7T8

$695,000

Just steps from Beechwood Village, this detached 2-storey 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, an updated kitchen, and a side addition with laundry/mudroom. Upstairs, three bedrooms plus a versatile nook offer flexibility for families or work-from-home needs. The fenced backyard, with neighbours on only two sides, is perfect for outdoor enjoyment, future expansion, or even a new garage build or coach house. Surrounded by shops, restaurants, schools, parks, and transit, 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:43934)

Property Details

MLS® Number	X12357192
Property Type	Single Family
Community Name	3402 - Vanier
Features	Flat Site
Parking Space Total	3
Structure	Porch, Deck

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Total	3
Appliances	Dishwasher, Dryer, Hood Fan, Water Heater, Microwave, Stove, Washer, Refrigerator
Basement Development	Unfinished
Basement Type	Full (unfinished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding
Foundation Type	Block
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,100 - 1,500 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Landscape Features	Landscaped
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	40 Ft
Size Irregular	40 X 100 Ft
Size Total Text	40 X 100 Ft
Zoning Description	R4ua Or (to Be N4b)

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	4.03 m	2.92 m	4.03 m x 2.92 m
Second Level	Bedroom	4.03 m	2.43 m	4.03 m x 2.43 m
Second Level	Bedroom	4.03 m	2.43 m	4.03 m x 2.43 m
Second Level	Bathroom	2.43 m	1.65 m	2.43 m x 1.65 m
Main Level	Foyer	1.82 m	1.52 m	1.82 m x 1.52 m
Main Level	Living Room	4.11 m	3.04 m	4.11 m x 3.04 m
Main Level	Dining Room	2.43 m	2.13 m	2.43 m x 2.13 m
Main Level	Kitchen	4.26 m	2.84 m	4.26 m x 2.84 m
Main Level	Laundry Room	2.33 m	1.98 m	2.33 m x 1.98 m
Main Level	Bathroom	1.8 m	1 m	1.8 m x 1 m

Utilities

Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28760910/240-garneau-street-ottawa-3402-vanier