$259,900
111 - 2951 Riverside Drive
Mooneys Bay/Riverside Park, Ottawa
- 2 bd
- 1 ba
- Condo apartment
1 / 24
$1,529,000
Mooneys Bay, Ottawa, ON K2C4J3 · MLS® X14083604
Why sacrifice space for location when you can enjoy both? Welcome to 246 Madhu Crescent, an impressive residence in one of Ottawa's most desirable established neighbourhoods, minutes from Carleton University, Mooney's Bay, and convenient routes downtown. Surrounded by distinguished homes, it offers an exceptional balance of location, privacy, and space. Set on a premium 55-foot-frontage lot(five feet wider than the community's standard lots), this home offers nearly 5,000 sq. ft. of finished living space, including 3,827 sq. ft. above grade as per builder's plan. Extensive interlock landscaping enhances the curb appeal, while low-maintenance front and rear yards and a fully fenced backyard make outdoor living easy. Inside, generous proportions, classic finishes, a curved solid-wood staircase, and California shutters create timeless appeal. The main floor features a private office/den, separate living and dining rooms, a spacious family room, and a well-appointed kitchen with a gas stove, built-in appliances, and ample workspace. Upstairs, four exceptionally spacious bedrooms offer room to relax and grow. The primary suite has space for a sitting area, a large ensuite, and a generous walk-in closet. A second bedroom has its own ensuite, while two additional bedrooms share a Jack-and-Jill bathroom, an ideal arrangement for family living. The finished lower level adds a guest bedroom, bathroom, expansive recreation and entertainment area, bar, and dedicated storage. Two furnaces and two central air-conditioning units provide year-round comfort. For families seeking substantial living space without giving up a central Ottawa location, this is an opportunity worth seeing. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Keller Williams Icon Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.