240 Garneau St, Ottawa, Ontario K1L 7T8

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!

Inclusions: Refrigerator, Stove, Dishwasher, Washer, Dryer, Microwave/Hood Fan, Hot Water Tank.