40 JOLLIET Avenue
Vanier and Kingsview Park, ON
- 4,000 sqft
- Commercial Retail
- 90 days on market
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.
Listing Details
- Taxes (2026)
- $6,912
- Listed
- June 11, 2026
Price History
Listing history
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Property
- Lot Size
- 40 x 100 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Beechwood Ave. & Jolliet Ave.
- Zoning
- R4E, R4E-c
- Parcel Number
- 042350023
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Office / Apartment Area
- 2000 Sq Ft
Community
Postal area K1L
- Population
- 18,213
- Private dwellings
- 10,797
- Median age
- 41.2
- Average household size
- 1.8
- Median household income
- $63,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Vanier and Kingsview Park · last 12 months
- Median sold price
- $540,000
- Homes sold
- 176
- Median days on market
- 30
- Sale-to-list price
- 97.2%
Based on 176 recorded sales of commercial properties in Vanier and Kingsview Park over the last 12 months.
Listed by
REMAX BOARDWALK REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,000 sq ft
- Price per sq ft
- $300.00
- Annual property tax
- $6,912
- Tax per sq ft
- $1.73
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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