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
The immovables located at 1535-1539 Jarry E. and 1545-1549 Jarry E. are two (2) physically attached buildings situated on two (2) separate cadastral lots. The buildings share certain components and infrastructure; consequently, they must be sold together as part of a single transaction and cannot be sold separately.
**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. 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.
With a flexible configuration, strong income stream, and prime location, this is a rare opportunity in Montreal's competitive market.
According to the municipal assessment roll, the immovable located at 1535-1539 Jarry consists of five (5) residential units and two (2) commercial units. The basement unit was added around 2015. The City of Montreal recognizes this unit for taxation purposes. To the succession's knowledge, no notice of non-compliance has been issued by the municipality.
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).
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