$ 999,000

40 Jolliet Avenue, Ottawa

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:1945)
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Property details for 40 Jolliet Avenue, Ottawa

Type
Commercial
Living Area
4,000 square feet
Lot Size
40 x 100 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$6,912

Nearby Listings Stat

Estimated price and comparable properties near 40 Jolliet Avenue

Active Listings
419
Min Price
$2,200
Max Price
$5,195,000
Avg Price
$811,978
Days on Market
84
days
Sold Listings
130
Min Sold Price
$89,000
Max Sold Price
$4,500,000
Avg Sold Price
$683,929
Days until Sold
76
days

Neighbourhood Census Data

Ottawa, Ontario

Population
641
Median Age
42.1
Median Income
$39,987
Dwelling Value
$379,159

Housing Tenure

Owners 46%
Renters 56%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 8,965.0/km²
Avg Shelter Cost: $1,486/mo
Owners with Mortgage: 65.5%
Owners Spending 30%+: 20.7%
Tenants Spending 30%+: 40.5%
English only: 44.5%
French only: 3.1%
English and French: 51.6%
Neither: 0.8%
Median Household Income: $62,336
Median Employment Income: $35,648

Price History

Listed
August 9, 2026
by REMAX BOARDWALK REALTY
Current Price
$999,000
-16.8% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $999,000 $201,000 (-16.8%)
Aug 9, 2026 $1,200,000 Listed

Contact Agent Get in touch about 40 Jolliet Avenue, Ottawa

Akram Syed
Akram Syed
REMAX BOARDWALK REALTY