40 JOLLIET AVE, Vanier And Kingsview Park, ON K1L 5H5
40 JOLLIET AVE, Vanier And Kingsview Park, ON K1L 5H5
40 JOLLIET AVE, Vanier And Kingsview Park, ON K1L 5H5
40 JOLLIET AVE, Vanier And Kingsview Park, ON K1L 5H5
40 JOLLIET AVE, Vanier And Kingsview Park, ON K1L 5H5
40 JOLLIET AVE, Vanier And Kingsview Park, ON K1L 5H5
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$ 999,000
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$ 999,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision 3402 - Vanier

MLS Listing ID X13655466

Annual Tax Amount $6,912

Tax Year 2026

Property Sub-Type Commercial Retail

Property Description

FANTASTIC OPPORTUNITY! Great for owner operator. Half a block from Beechwood and walking distance to Domicile's condo building. Fantastic mixed-use investment opportunity featuring a well-established convenience store with a residential apartment above. Ground floor 2000 sqft retail store rented for $4500 per month (2 + 5 years lease to go). Large 4 bedroom apartment upstairs rented for $2500 per month. Annual gross income of $84,000. The current expenses: Heat is $250, Water is $150, Insurance is $850. The net operating income is $ 71,700. The upstairs tenant pay their own hydro and hot water. The bright, spacious retail space is fully operational and benefits from strong local traffic, excellent visibility, and a convenient location close to shopping, schools, amenities, and public transit. Multiple income streams and long-term growth potential make this an ideal opportunity for investors or owner-operators. A turnkey property in a high-demand location with plenty of upside. Land assembly is also possible. Possibility of redevelopment converted into a large multi unit building with the sale of 40 & 46 Jolliet combined. Area is 3,982.64 ft (0.091 ac). Redevelopment options subject to city of Ottawa approvals and zoning bylaws.

Location

Province ON

County Ottawa

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 40.0

Lot Depth 100.0

Others

Security Features No

ParcelsYN No

Listed by REMAX BOARDWALK REALTY
Patrick Nabhan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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40 JOLLIET AVE