Gerry Lantaigne - Sutton Logo
$999,000
( $249.75Per Sq Foot )
 $5,363 est/mo Sourced by Back At You

40 Jolliet Avenue,Ottawa, ON K1L5H5

Ottawa, ON K1L5H5

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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. (id:13843)

Details

MLS #X13655466
Listing TypeFor Sale
StatusActive
Days On Site12
Listing Provided ByREMAX BOARDWALK REALTY | Akram Syed

Features

SQ Feet4,000
ZoningR4E, R4E-c

Parking

Parking Total7

Taxes

Tax Annual Amount6912.23

Area Information

ProvinceON
CityOttawa
Postal CodeK1L5H5
Listing VS Median (in K1L5H5)
Price:
$999,000
low | high
Med:
$799,000
70.02002002002% of Average
sqft:
4,000
low | high
Med:
2,350
91.25% of Average
$ / sqft:
$250
low | high
Med:
$553
71.314171314171% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Gerry Lantaigne

Gerry Lantaigne

Sutton Group - Muskoka Realty Brokerage

Sales Representative, (705) 380-1710gerryl@sutton.com
ProvinceON
CityOttawa
Postal CodeK1L5H5
Listing VS Median (in K1L5H5)
Price:
$999,000
low | high
Med:
$799,000
70.02002002002% of Average
sqft:
4,000
low | high
Med:
2,350
91.25% of Average
$ / sqft:
$250
low | high
Med:
$553
71.314171314171% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $749K - $1.248M
sqft: 3,000 - 5,000
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Listing Updated: August 9, 2026 at 10:21:04 AM PDT