Exceptional location. Exceptional opportunity. Exceptional investment. Centrally located in one of Ottawa's most connected neighbourhoods, this versatile single-family home offers outstanding immediate income potential or an ideal setup for multi-generational or owner-occupied living. Currently configured with 6 bedrooms and 3 full bathrooms; one full bath per bedroom floors, the 4-level main house lends itself well to shared accommodation with its two staircases and convenient lower-level laundry. The legal coach house conversion completed in 2023 offers a great-room bachelor layout with a modern 3-pc bath. And the rare 2-wide, 2-deep parking creates multiple revenue streams with a combined potential to generate upwards of $8,700/month. Alternatively, this spacious home presents a fantastic opportunity for the right family seeking space and walkability just steps from the University of Ottawa, Highway 417, transit, parks, pathways, playgrounds, and the Rideau River, and minutes to the ByWard Market, Rideau Centre, Rideau Canal, and downtown Ottawa. Updates include: Driveway (2024) Legal coach house conversion (2023) Updated main-floor kitchen and bathrooms (2022) Roof (2017) Gas furnace (2015) This is a rare offering combining location, flexibility, and long-term upside in the heart of the city. (id:60457) Location - Cross Streets: King Edward Ave & Templeton St. ** Directions: From the 417, exit Lees/Nicholas, on Lees Ave, head northbound toward King Edward, Templeton is the 1st intersection passed Mann Ave. From the Byward Market area, head southbound on King Edward, Templeton is the intersection after Somerset St East.