Welcome to 198 Stanley, perfectly positioned across from Stanley Park and just steps from the river, with scenic walking and biking trails right outside your door in the heart of New Edinburgh. Set on an impressive 155-foot-deep lot, this property offers exceptional outdoor space with plenty of room for kids to play, with rear-lane access to a detached double-car garage. Enjoy being just a short walk from neighbourhood favourites like Union Street CafA(C) and Tavern on the Falls, with excellent schools and everyday amenities nearby. Inside, the bright main floor offers a warm and functional living space with beautifully refinished hardwood floors. The refreshed kitchen features refinished cabinetry, quartz countertops and stainless-steel appliances. Upstairs, you'll find three bedrooms and a full bathroom. The finished basement adds valuable living space with a second full bathroom and a convenient walkout to the private backyard and recently replaced deck. Out front, a landscaped patio with Copthorne pavers creates a beautiful spot to sit and enjoy the park and green space directly across the street. Notable updates include a ductless heat pump system (2020-2023), high-efficiency boiler (2022), attic insulation (2022), refinished hardwood floors (2022), soffit, fascia and eavestroughs (2024), upstairs bathroom (2020) and basement bathroom (2025). A fantastic opportunity to enjoy space, privacy and an incredible park-side setting in one of Ottawa's most established neighbourhoods.