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$699,900

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:5764)

4 Beds ⋅ 2 Baths ⋅ X13853930 MLS® #

1290 St. Jean Street, Ottawa

Listing courtesy of RE/MAX HALLMARK PILON GROUP REALTY.

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How much is your home worth?