$724,900
For sale: Detached

Welcome to 1290 St Jean, a renovated 3+1 bedrm bungalow on an impressive 71' x 123.3' lot in the heart of Orléans. Offering approximately 0.2acres, this property presents an exciting opportunity for homeowners, investors, or developers looking for a substantial lot in an established & convenient neighbourhood. Beyond the existing home, the size, zoning, & location offer compelling long-term possibilities. Positioned under Ottawa's new N2B zoning, the 71'x123.3' lot may offer significant intensification & redevelopment potential, including the possibility of 12+ units, subject to applicable zoning provisions, servicing requirements, approvals, & City of Ottawa regulations. The existing home provides added flexibility for buyers looking to occupy, hold, rent, or explore future redevelopment opportunities. The main lvl has been updated w/fresh paint, new flooring, modern lighting, & heat pumps for efficient year-round comfort. The renovated kitchen features quartz counters, new cabinetry, & updated sink. 3 bedrms & comfortable living spaces complete the main-floor. The finished LL adds exceptional versatility w/separate entrance, kitchen, full bath, 4th bedrm, laundry & heat pump. The flexible layout & separate access make it well suited for extended family, in-law setup, or additional living spc. Approximately 1km from the LRT & Place d'Orléans, & within a 5 min walk of everyday amenities, this is a location where you can truly leave the car at home. Schools, parks, St. Joseph Boulevard corridor, shopping, & major transit routes are all close by. Whether you are looking for a renovated home, an investment to hold, or a property w/exciting future redevelopment possibilities, 1290 St Jean offers a rare combination of lot size, location, flexibility, & potential. Buyer to complete their own due diligence w/ City of Ottawa regarding zoning, permitted uses, development potential, # of units, servicing, & all required approvals. Photos virtually staged.
Sold data
Detached homes in Ottawa took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 1,099 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $839,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,099 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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