12 JOLLIET Avenue, Vanier and Kingsview Park | Image 1

12 JOLLIET Avenue

Vanier and Kingsview Park, 3402 - Vanier

  • Commercial

$3,200,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: TM8 H(15)

  • Age: No Data

  • Taxes: 26712

  • MLS®#: X12003657

  • Added: Mar 06, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 1 week ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $228,145.56. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,300, (5) $2,575, (6) $2,547.13, (7) $2,450, (8) $2,500. Expenses include taxes: $26,712, hydro: $4,680, water: $4,080, gas: $5,436, maintenance: $9,384, management: $8,784, insurance: $4,440, and advertising: $1,116. Total yearly expenses = $64,632.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 158951

  • Area: Vanier and Kingsview Park

  • Community: 3402 - Vanier

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PLAN M25 PT LOT 230

  • Taxes: $26,712

  • Expenses: Act

  • Management Expense: 8784

  • Insurance Fee: 4440

  • Hydro Expense: 4680

  • Heat Expenses: 5436

  • Other Expenses: 1116

  • Taxes Type: Annual

  • Tax Year: 2024

  • Water Fees: 4080

Land

  • Cross Street: Beechwood Avenue to

  • Municipality District: Vanier and Kingsview Park

  • Parcel Number: 042350015

  • Lot Depth: 99.85 Feet

  • Lot Frontage: 39.92 Feet

  • Zoning: TM8 H(15)

Commercial Specific

  • Total Area: 5800

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Vacancy Allowance: 4562

  • Financial Statement: N

  • Gross Income/Sales: 228146

Car-Dependent

  • Almost all errands require a car.
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Map of 12 JOLLIET Avenue, Vanier and Kingsview Park
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