1535 Rue Jarry E., Montréal (Villeray, QC H2E1A7 $2,999,888

Frontage

Family room

Bedroom

Kitchen

Bathroom

Living room

Kitchen

MLS: 24036776

1956

Description

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.

Inclusions: As per leases

Exclusions : As per leases

BUILDING
Type
Style	Detached
Dimensions	13.18x24.38 M
Lot Size	0

EXPENSES
Administration fees	$ 9725 / year
Insurance	$ 10606 / year
Energy cost	$ 700 / year
Snow removal / Lawn mowing	$ 1400 / year
Municipal Taxes (2025)	$ 27680 / year
School taxes (2025)	$ 1574 / year

ROOM DETAILS
Room	Dimensions	Level	Flooring
N/A

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