168 Springwater Drive South, Ottawa, Ontario K2M2A1

Property Description

Located in a highly desirable family-friendly neighbourhood, this spacious home offers the perfect blend of comfort, functionality, and convenience - all within walking distance to schools and parks. Featuring 4 bedrooms on the second level, this property is ideal for growing families or multi-generational living.The spectacular finished walk-out lower level includes a fully equipped in-law suite complete with its own kitchen, bedroom, bathroom, and cozy living room with gas fireplace - a rare and versatile feature with endless potential for extended family, guests, or additional income.The main level showcases elegant wainscoting throughout the foyer, living room, and dining room, while the bright living room is enhanced by a beautiful walk-in bay window. The eat-in kitchen features washed oak cabinetry, a vaulted ceiling, and patio doors leading to a large deck overlooking the fenced backyard - perfect for entertaining or relaxing outdoors.Additional highlights include a marble hearth and surround on the family room fireplace, generous storage throughout, and a convenient loft space above the double garage.The lower-level suite was previously rented and is currently vacant. With an estimated market rental value of approximately $2,000/month, this space offers an incredible mortgage-helper opportunity. Based on current lending rates, income from the suite could offset the carrying cost equivalent of roughly $340,000 in mortgage financing, helping buyers qualify for more home while reducing overall monthly expenses. ** This is a linked property.** (id:5764)