LIVE UPSTAIRS, COLLECT RENT DOWNSTAIRS! Ideally located just minutes from Downtown Ottawa, this versatile bungalow is perfectly positioned as government employees continue returning to the office, driving strong demand for centrally located housing. Featuring TWO SELF-CONTAINED LIVING SPACES, the WALKOUT LOWER-LEVEL UNIT is currently occupied by a reliable long-term tenant, providing immediate rental income while you enjoy the upper level-or maximize your investment by renting both units.Enjoy exceptional convenience with transit just steps away, quick access to Highway 417, and walking distance to grocery stores, restaurants, parks, schools, and everyday amenities. A location that continues to appeal to both homeowners and tenants alike.Thoughtfully maintained, the home features a 2016 NTI HIGH-EFFICIENCY GAS BOILER serving the hydronic heating system with RADIANT HEATED BASEMENT FLOORS, plus TWO INDEPENDENT HEAT PUMP/AIR CONDITIONING SYSTEMS for efficient zoned heating and cooling. A separate 2011 HOT WATER TANK allows the heating and domestic hot water systems to operate independently.Major updates include PAINT, FLOORING & BATHROOM (2017), NTI HIGH-EFFICIENCY GAS BOILER (2016), HOT WATER TANK (2011), and WINDOWS, FOUNDATION WATERPROOFING, WEEPING TILE & COMPLETE BASEMENT RENOVATION (2008). Generous parking and N5C ZONING add even more value, offering future redevelopment potential while enjoying immediate rental income and flexible living options.THE PERFECT BLEND OF OWNER-OCCUPANCY, IMMEDIATE CASH FLOW, AND FUTURE REDEVELOPMENT POTENTIAL.