231 ETHEL Street

About This Property

Excellent redevelopment and income-property opportunity in a desirable, well-located Ottawa neighbourhood. Zoned R4E, this property offers strong flexibility for a variety of residential uses, subject to buyer due diligence and municipal approvals. The home features a total of two bedrooms, with one bedroom on the main level and one bedrooms on the second floor , offering a practical layout suitable for end-users or investors. The main level includes one bedroom, kitchen, living room, dining area, and a full washroom equipped with a jet tub. The second floor has been fully renovated and offers One bedrooms, a family room, dining area, kitchen, laundry/storage, and a full washroom, also equipped with a jet tub. A sliding door separating the main and second levels provides full privacy, enhancing the property's suitability for multi-generational living or income potential. All major components are owned outright, including the hot water tank, with no rental contracts in place. With its strong location, flexible zoning, and multiple redevelopment or income possibilities, this property presents a compelling long-term investment opportunity. Buyers are advised to verify zoning, permitted uses, and development potential to their own satisfaction.