50 Jolliet Avenue

If you’re on the lookout for a fantastic investment opportunity, then this Multi-Family Home for sale in Ottawa at 50 Jolliet Avenue, Ottawa is definitely worth your attention. Nestled in the vibrant community of 3402 - Vanier, this property is a prime redevelopment gem that has caught the eye of developers and contractors alike. With its R4UA zoning, this multiplex offers the potential for low-rise multi-unit residential development, making it an ideal project for those keen to tap into the growing demand for housing in urban settings.

The property boasts a solid two-storey structure with a charming exterior clad in vinyl siding, which not only adds to its aesthetic appeal but also ensures durability. With a total of four bedrooms and two bathrooms, this Multi-Family Home for sale in Ottawa is well-equipped to accommodate families or multiple tenants. The two kitchens are a significant bonus, allowing for easy meal preparation and the potential for separate living spaces. However, it's worth noting that there is no den or additional kitchen, which could limit options for some buyers.

Situated on a quiet street just off Beechwood Avenue, 50 Jolliet Avenue, Ottawa is perfectly positioned for those who enjoy the hustle and bustle of city life while still appreciating a peaceful residential environment. The area is rapidly revitalising, with an abundance of boutique shops, delightful restaurants, and convenient public transit options all within a stone’s throw. If you’re a fan of the outdoors, you’ll love the nearby parks and scenic walking and biking paths that make exploring the neighbourhood a pleasure.

Despite its many advantages, this Multi-Family Home for sale in Ottawa does come with some considerations. The property is currently unfurnished and lacks central air conditioning, which may require some investment to enhance comfort. Additionally, there’s no fireplace or pool, but the potential for redevelopment means you can create your own ideal living space. The unfinished basement presents a blank canvas for further development, whether you envision additional living space or storage.

Parking is another strong point of this property, with a tandem driveway that accommodates up to three vehicles. While there’s no garage, the ample parking space is a significant advantage in a city like Ottawa, where parking can often be a challenge. The lot measures a generous 40 x 60 feet, providing plenty of room for future expansion or landscaping.

Currently, there is an upper-level tenant in place, paying $900 a month without a lease, which offers some immediate income while you plan your next steps. This holding income can be a great asset as you consider the best way to maximise the potential of this Multi-Family Home for sale in Ottawa. Whether you’re looking to redevelop, build new, or simply land-bank for future intensification, this property provides excellent flexibility and upside potential.

As a reminder, the property is being sold As-Is, Where-Is, which means that any prospective buyer should be prepared to take on the property in its current condition. The seller has specified that no offers will be considered before 12:00 p.m. on February 18, 2026, and any offers must remain irrevocable for a minimum of six hours after presentation.

In summary, if you’re a developer or contractor searching for a promising project, don’t miss out on this Multi-Family Home for sale in Ottawa at 50 Jolliet Avenue, Ottawa. With its prime location, redevelopment potential, and existing income stream, this property is an opportunity you won’t want to overlook!

Vanier, designated as community 3402, is a vibrant and diverse neighbourhood situated just east of downtown Ottawa. Known for its rich cultural tapestry, Vanier boasts a mix of residential areas, local businesses, and green spaces, creating a lively atmosphere that appeals to a variety of residents. The community is well-connected by public transport, making it easy to access the city centre and surrounding areas. With its charming parks, community centres, and a strong sense of local identity, Vanier offers a unique blend of urban convenience and suburban comfort, making it an inviting place for newcomers to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a 2 km radius, you'll find Rockcliffe Park Public School, an English-language elementary school rated 7.1, just 1.0 km away, and Manor Park Public School, offering French-language instruction, located 1.3 km from the property with a rating of 6. St. Brigid School, a Catholic elementary school with a rating of 5.5, is even closer at 0.8 km. For older students, Lisgar Collegiate Institute, a secondary school rated 7.9, is 2.9 km away, while Immaculata High School, a Catholic secondary school, is situated 3.8 km from the property with a rating of 5.8. Additionally, Queen Elizabeth Public School, another elementary option, is 2.0 km away with a rating of 3.9. The variety of schools in close proximity, including both public and Catholic options, provides parents with a range of educational choices for their children, ensuring a supportive community for family living.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 660 residents, characterized by an average household size of 1.8 individuals. The demographic profile indicates a relatively mature community with an average age of 42.3 years. The average household income stands at $95,600, although 14.6% of the population is classified as low-income. The real estate market reflects a median home price of $580,000, with 52.1% of the residents being single and 22.86% living in households with children. A significant portion of the population, 22.63%, consists of immigrants, contributing to the area's cultural diversity. Renting is prevalent, with 55.13% of residents identified as renters, and condominiums make up 35.9% of the housing market. Educational attainment is high, with 73.6% of the population holding a college or university degree. However, it is notable that 34.4% of residents are not in the labor force, indicating a potential demographic trend towards retirement or other non-working statuses. Overall, this community presents a blend of young professionals, families, and retirees, making it an intriguing area for potential homeowners and investors alike.