Revenue property for sale, Montréal (Villeray/Saint-Michel/Parc-Extension)

$ 2,799,000 +TPS/TVQ

1535-1549, Rue Jarry E.

Montréal (Villeray/Saint-Michel/Parc-Extension)

Photo Paul Fortin

Paul Fortin

Residential and Commercial Real Estate Broker

514 969-4036

Photo Jean Fortin

Jean Fortin

Residential and Commercial Real Estate Broker

514 962-3018

Centris #
#17493660
Property type
Building style
Detached
Construction year
1956
Land area

Characteristics

Driveway
Asphalt
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Foundation
Poured concrete
Rental appliances
Water heater (5)
Distinctive features
Environmental study phase 1
Proximity
Highway , Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University
Basement
6 feet and over , Partially finished, Separate entrance
Parking
Outdoor (10)
Sewage system
Municipal sewer
Zoning
Commercial , Residential

Dimensions

Front of the building
24.38 m
Depth of the building
13.18 m
Living area
Front of the land
Depth of the land
Land area

Room Dimensions

Rooms
0 rooms    |    0 bedroom(s)    |    0 bathroom(s)    |    0 washroom(s)

Exclusions

As per leases

Addenda

**An independent professional appraisal conducted in May 2025 has valued the property at $3,067,000, highlighting its strong market position. This certified valuation can significantly support favorable financing terms, making it an attractive investment opportunity. Full documentation is available for seriously interested buyers.

Exceptional semi-commercial property for sale in the heart of Villeray, Montreal. Positioned at the corner of Jarry E. and Fabre, this opportunity offers a perfect mix of residential and commercial potential in one of Montreal's highest gentrifying neighborhoods.

The property includes 9 residential units (5x 3½, 4x 4½) and 4 commercial spaces, with room to increase commercial and residentials rents as leases expire. All basement, parking and storage are not accounted for in the revenues and they are free of additional revenues. Private parking is available at the rear. The high-traffic location ensures strong demand, with rents currently below market value, allowing for significant upside.

Surrounded by key amenities, public transit, schools, shops, cafes, and Highway 40 access, this investment offers exceptional tenant appeal. There's also potential to convert underutilized basement space into additional units, further boosting returns.

With a flexible configuration, strong income stream, and prime location, this is a rare opportunity in Montreal's competitive market.

Contact us today to request the financial sheet and additional details.

**All measurements to be verified by the buyer**

About this property

This investment opportunity consists of the joined properties at 1535-1539 and 1545-1549 Jarry E., offering significant revenue potential for value-add investors. As a succession sale, there is no seller's declaration. The building presents a compelling value proposition: half is in excellent condition, while the other half requires updates to achieve market-rate rents. Additional upside includes monetizing underutilized lockers and parking spaces, along with the potential to convert basement area into residential units, further increasing income streams.This opportunity allows investors to benefit from immediate cash flow + future potential.

Sale with exclusion(s) of legal warranty - See listing broker(s).
Information request

Financial details

Annual
Monthly
Municipal evaluation (2021)
Building
$ 1,320,100
Land
$ 597,600
Taxes
(0)
$ 2,025 $ 169
(0)
$ 2,025 $ 169
Expenses & Energy
$ 0 $ 0
$ 0 $ 0
$ 0 $ 0
Potential Gross Revenue
Residential
$ 124,824 $ 10,402
Commerciales
$ 127,284 $ 10,607

Calculators

  • Monthly payment
  • Transfer tax
  • Purchasing power

Monthly instalments

 

**Price does not include CMHC insurance premium.

Transfer tax

 

** For reference only, for the exact amount, please confirm with the city or municipality.

Purchasing power

 

**Price does not include CMHC insurance premium.

You like this property?Share it!

New properties on the market that might interest you

Looking for the property of your dreams? It's right here, and call us to find out more or schedule a visit!

WhatsApp
+

Your cookie preferences

We use cookies to optimize our website and collect usage statistics.

Cookie policy