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Investor Opportunity Knocks! Modern, Move-In Ready Bungalow with Income Potential Welcome to this beautifully renovated bungalow that perfectly combines modern living, comfort, and investment potential! Whether you're a growing family or an investor looking for a smart opportunity, this property truly checks every box. Step inside to discover a bright open-concept layout featuring a brand-new kitchen with new stainless-steel appliances, new flooring, and fresh paint throughout. The kitchen opens seamlessly into the dining and living areas, highlighted by a large bay window that fills the home with natural light. The freshly maintained hardwood floors and carpet-free design bring both style and easy upkeep. The main level offers four spacious bedrooms and a beautifully updated full bathroom perfect for family living. The fully finished basement, accessible through a separate entrance from the backyard, offers incredible flexibility. With two large bedrooms, a three-piece bathroom, and a cold room ideal for wine or food storage, this space can easily be converted into a separate rental unit. Simply add a small kitchenette, and you'll have an independent in-law suite or income-generating apartment to help with your mortgage payments. Outside, enjoy a large fenced and hedged backyard offering privacy and space for outdoor gatherings, gardening, or play. The extra-long driveway fits four or more cars, and a storage shed provides convenience for tools and seasonal equipment. Other highlights include a brand-new central air conditioning system, 100-amp electrical service, and an unbeatable location in a quiet, mature neighborhood just minutes from Highway 417, public transit, shopping centers, and Algonquin College. Don't miss this rare opportunity modern upgrades, potential rental income, and a prime location all in one!
NEW APPLIANCES: (Dishwasher, Freezer, Microwave, Refrigerator, Stove) Washer, Dryer and window coverings
City: Ottawa
Neighborhood: Queensway Terrace South/Ridgeview
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Sep 5, 2025 | 33 | $685,000 | N/A | Terminated | X12385403 |

| Purchase Price | $684900 |
| Down Payment | $136980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $547920 |
| Mortgage Payment | $3376 |
| Property Taxes | $375 |
| Maintenance Fees | $0 |
| Monthly Payment | $3752 |
Sold Comparables homes near 2372 Riley Ave, Ottawa
Located at 2372 Riley Ave , this Ottawa house is available for sale. This property was listed for $684,900 on Wed Oct 08 2025. This house's size is 700-1100 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Br, 2nd Br, 3rd Br, 4th Br, 5th Br, Bathroom. This property comes with 4 parking spots. 2372 Riley Ave, Ottawa is situated in the Queensway Terrace South/Ridgeview neighbourhood.
MLS#: X12453122 · $684,900 · 4 bedroom house in Queensway Terrace South/Ridgeview, Ottawa