$699,900
Ottawa
1290 St. Jean Street, Ottawa, Ontario, K1C1N6
This 4-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $699,900, it is attractively priced about 7% below the $749,900 median asking price in Ottawa. It has been on the market 35 days, fresher than the Ottawa average of 62 days.
Welcome to 1290 St Jean, a renovated 3+1 bedroom bungalow on an impressive 71' x 123.3' lot in the heart of Orleans. Offering approx. 0.2 acres, this property presents an exciting opportunity for homeowners, investors, or developers looking for a substantial lot in an established and convenient neighbourhood. Beyond the existing home, the size, zoning, and location offer compelling long-term possibilities. This property offers comfortable living with schools, parks, shopping, and major transit routes nearby. The main level features fresh paint, updated flooring, modern lighting, and heat pumps for efficient year-round comfort. The renovated kitchen boasts quartz countertops, new cabinetry, and an updated sink. It offers 3 bedrooms and comfortable living spaces, with an open layout designed to maximize space and functionality, along with updated subfloor. The finished lower level adds exceptional versatility with a separate entrance, kitchen, full bath, 4th bedroom, laundry, and heat pump. Ideal for extended family or an in-law, with potential to explore supplemental rental income, subject to applicable zoning, building code requirements, and municipal approvals. Approximately 1km from the LRT and Place d'Orleans, and within a 5-minute walk of everyday amenities, this is a location where you can truly leave the car at home. Positioned under Ottawa's new N2B zoning, the 71' x 123.3' lot may offer significant intensification and redevelopment potential, including the possibility of 12+ units, subject to applicable zoning provisions, servicing requirements, approvals, and City of Ottawa regulations. The existing home provides added flexibility for buyers looking to occupy, hold, rent, or explore future redevelopment opportunities. Whether you are looking for a renovated family home, an investment property, or a site with exciting future redevelopment possibilities, it offers a rare combination of lot size, location, flexibility, and potential. Photos virtually staged. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 62 days across the listings currently for sale in this city
This 4-bed single family in Ottawa has been listed for 35 days, which is 27 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 6.0× the local median household income of $117,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1C)
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