1290 St. Jean Street, Orleans - Convent Glen and Area

$699,900
1290 St. Jean Street

$699,900

New
21d
DetachedBungalow

1290 St. Jean Street, Orleans - Convent Glen and Area

Total Monthly Obligation $3,497

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
21d
Score
19
Yield
4.7%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13853930
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-71 × 123.3 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,587.3 (2026)
Parking-2 - None
Basement-Finished, Full
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK PILON GROUP REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-2007 - Convent Glen South
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,497/mo
Mortgage $2,823
Monthly Loss $2,754
Principal$743
Interest$2,080
Property Tax$299
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,796/yr
NOI
$21,429/yr
Net Cash Flow
-$1,037/mo
Cash Margin
-38.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1290 St. Jean Street

Time

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