46 Jolliet Avenue
3402 - Vanier, Vanier And Kingsview Park, K1L 5H5
FOR SALE
$599,000
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4
BEDROOMS 2
BATHROOMS 2
KITCHENS 10
ROOMS X13655470
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Property Description
Great investment opportunity! With a strong cash-flow potential in this duplex, each unit offers 2 bedrooms, 3 piece bathrooms, in suite laundry, separate entrances, and ample parking spaces. Fast growing community near Beechwood Village. Consistent income due to high demand. Being close to Beechwood benefits from high end cafes, shopping and public transit. Strong rental demands due to accessibility. Perfect for investors, owner-occupants, or multi-generational living, this property provides flexibility and long-term value. 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). Land assembly is also possible. Redevelopment options subject to city of Ottawa approvals and zoning bylaws. Conveniently located near grocery stores, shopping, restaurants, schools, public transit, and other key amenities, it offers the location and features tenants are looking for. Walking distance to New Edinburgh, Rockcliffe, and not far from downtown. Whether you're looking to grow your investment portfolio or offset your mortgage with rental income, this property is not to be missed. Upper unit $1,600 per month + hydro. The Lower unit $1,500 per month + hydro. Gross rents $37,200 annually. The current expenses include: Water - $200 per month, Insurance - $150 per month, HWT & service contract. Net operating income is $33,000. Opportunity to increase the rent. Please connect with listing agent for further details.
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Property Features
Other, Private Double
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Property Details
Address
46 Jolliet Avenue
Community
Postal Code
K1L 5H5
Property Type
Duplex, Duplex
Zoning
R4E
Lot Size
40' x 100'
Taxes
$4,682 (2025
Basement
Apartment, Full
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
8
Garage Type
Detached
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Listing contracted with Remax Boardwalk Realty
Investment or Development Opportunity! Legal duplex on a 40 x 100 lot situated at the top end of Marier Ave, just 1.5 blocks away from Beechwood Avenue! Each unit has 2 bed, 1 full bath, Kitchen and combined Living/dining areas. Unit 1 has access to basement with tons of additional storage. Unit 1 tenant vacating at end of June- ideal opportunity for investors to find their own tenant or to live in one unit and rent the other. Ample parking for both tenants and a detached garage for extra storage. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition. Minimum 24 hrs notice for all showings.
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Welcome to 105 Jolliet Avenue, a renovated income property ideally located just steps from the shops, cafés, and restaurants of Beechwood Village. This legal duplex also includes a third non permitted unit, offering investors or owner occupiers a strong combination of existing rental income, flexibility, and long term upside in one of Ottawa's most desirable urban neighbourhoods.The property features three updated living spaces with bright interiors, functional layouts, modern kitchens, and stylish finishes. The main unit is currently vacant and ready for an owner occupier, while the upper and lower units provide immediate rental income. On site parking and a desirable corner lot further add to the property's appeal. The upper unit is currently rented for $1,900 per month all inclusive, with a lease in place until September 2026. The lower unit is rented for $1,300 per month plus hydro. The main unit is rented for $2,000 per month all inclusive, beginning September 1st, 2026, giving the property a gross rental income of approximately $62,400 annually if fully leased.Monthly operating costs include approximately $200 for hydro, $200 for water, $150 for gas, $143.53 for the Reliance rental furnace, air conditioner, and hot water tank, and approximately $250 for insurance.Whether you are looking to live in one unit while offsetting your mortgage with rental income or add a renovated multi unit property to your portfolio, 105 Jolliet Avenue offers immediate income today with strong long term potential in a neighbourhood surrounded by continued infill and redevelopment.
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Property to be sold "as is, where is" condition, the buyer accepts the property in its current condition, including all defects, whether known or unknown, latent or patent. The seller is not responsible for repairs, remediation, or clean-up after closing.
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