Sold for:Sold Sep 13, 2025
$449,000

1241 Collins Avenue

Ottawa (Ridgemont), ON K1V 6C9

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1241 Collins Avenue, Ottawa, Ridgemont

2025-09-11
2025-09-13
Sold
Price
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MLS#
x12397517

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1241 Collins Avenue, Ottawa, Ridgemont

This property is an excellent opportunity for renovators, builders, developers, house flippers, and handymen / handyman. Developers will appreciate the 50 x 100 foot flat lot, currently zoned R2F and with a proposed new zoning of N3C zoning. It features a full-height basement and no overhead hydro lines. While the house requires renovations, it is structurally sound. The location is fantastic, within walking distance to Bank Street's many amenities, including restaurants, shopping, and Canadian Tire. It also offers good transit access and is a short walk to parks, community centers, and schools.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,814
Land Transfer Tax Fee
$5,455

Rental Items

Under Contract
Hot Water Heater

Basement Type
Full, Unfinished

Interior Features

Laundry Level
Lower Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Brick Front, Other
Roof
Shingles
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
100.00 ft
Lot Size
5000

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Oil
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
No
Hydro
Yes

Bedrooms
4
Washrooms
1
Kitchens
1

Room sizes

  • Great Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bathroom—
    Main level
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Other—
    Basement level

Washrooms

  • 3-piece, Main

Municipality
Ottawa
Neighbourhood
Ridgemont
Main cross streets
Bank and Heron
Zoning
R2F /N3C Proposed
Directions
East side of Bank, South of Heron.

MLS® number
X12397517
Data source
Toronto Regional Real Estate Board
Status change
2025-09-13
Listed on
2025-09-11
Days on market
2 days
Possession type
Immediate
Co-op commission
2.0% of the sale price plus Hst
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 1241 Collins Avenue, Ottawa, Ridgemont, Ottawa, ON. Listed for $449,000

HOMEH Estimate

?

$537,000

Estimated Sales Range

?

$424,230 - $649,770

HOMEH Estimate for 1241 Collins Avenue, Ottawa, Ridgemont

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$537,000Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Ottawa, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$22,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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%
$
%
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%
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+CMHC insurance
$17,062$12,527$10,686$0
=Total mortgage
$443,612$416,627$392,336$359,200
Amortization
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Payment frequency
=Mortgage payment
$2,166monthly$2,034monthly$1,916monthly$1,754monthly
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Land Transfer Tax

Provincial

$5,455

Total Land Transfer Tax

$5,455

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