1296 Rideau Gate

Discover the perfect blend of functionality and potential with this spacious 6-bedroom, 2-bathroom home, ideal for investors or multi-generational living currently set up as 2 separate units. The main floor boasts 4 generous bedrooms, including 2 with walk-in closets, huge master bedroom soaring 9-ft ceilings and stunning original molding. A refreshed kitchen and bathroom, along with new flooring and paint throughout, make this level move-in ready and inviting. The second floor offers 2 additional bedrooms, a cozy den, a second kitchen, and a full bathroom. Currently rented for $1,760/month to Fanshawe students on roommate basis, this setup is perfect for generating income while living comfortably on the main floor. Step outside to enjoy the new fully fenced backyard, offering privacy and a safe space for kids or pets to play. The spacious deck is perfect for barbecues and entertaining, making it the ideal outdoor retreat. Additional highlights include a new Lennox furnace and AC (2022), separate hydro and water meters, and multiple entrances. These features, combined with the flexible layout, create an excellent opportunity for conversion to a duplex or triplex, maximizing the property's earning potential. Whether you're looking for a home that pays for itself or a versatile investment property, this one checks all the boxes.

POWER OF SALE, Great Investment Opportunity 2 1/2 Story Red Brick Victorian Income Earner Potential. Lots Of Period Charm In This Single Family Dwelling With 3 Units Property With Separate Entrances. Main Floor 2 Bed, 1 Bedroom Studio & 1-Bed Basement. Easy Walk To Downtown And Bus Routes. Close To Schools, Parks, And The Best Walking Score In Town.