Mirna Botros

613-600-2626

40 Jolliet Avenue - $999,000

40 Jolliet Avenue - $999,000

40 Jolliet Avenue

$999,000

3402 - Vanier
Ottawa, OntarioK1L5H5
0 beds
0 baths
7 parking
MLS#: X13655466Listed: about 2 months agoUpdated:about 2 months ago

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:58075)

Details

Details for 40 Jolliet Avenue, Ottawa, Ontario
Property Type
Retail
Building Type
-
Storeys
-
Neighborhood
3402 - Vanier
Land Size
40 x 100 FT
Year Built
-
Annual Property Taxes
$6,912
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Beechwood Ave. & Jolliet Ave.
Type of Dwelling
-
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
40 x 100 FT
Zoning
-
Zoning Description
R4E, R4E-c
Parking
Features
-
Total Parking
7
Utilities
Cooling
Fully air conditioned
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 40 Jolliet Avenue, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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