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Jean Fortin, Residential and Commercial Real Estate Broker

Jean Fortin

Residential and Commercial Real Estate Broker
Jean Fortin INC.

KELLER WILLIAMS PRESTIGE

Real Estate Agency
KELLER WILLIAMS PRESTIGE, Real Estate Agency
Paul Fortin, Residential and Commercial Real Estate Broker

Paul Fortin

Residential and Commercial Real Estate Broker

KELLER WILLIAMS PRESTIGE

Real Estate Agency
KELLER WILLIAMS PRESTIGE, Real Estate Agency
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Jean Fortin, Residential and Commercial Real Estate Broker

Jean Fortin

Residential and Commercial Real Estate Broker
Jean Fortin INC.

KELLER WILLIAMS PRESTIGE

Real Estate Agency
KELLER WILLIAMS PRESTIGE, Real Estate Agency
Paul Fortin, Residential and Commercial Real Estate Broker

Paul Fortin

Residential and Commercial Real Estate Broker

KELLER WILLIAMS PRESTIGE

Real Estate Agency
KELLER WILLIAMS PRESTIGE, Real Estate Agency

Income properties for sale

1535 - 1549, Rue Jarry Est, Montréal (Villeray/Saint-Michel/Parc-Extension)

$2,949,000 +GST/QST or
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Income properties for sale in Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal (Island), 1535 - 1549, Rue Jarry Est, 24036776 - Centris.ca
Income properties for sale in Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal (Island), 1535 - 1549, Rue Jarry Est, 24036776 - Centris.ca Income properties for sale in Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal (Island), 1535 - 1549, Rue Jarry Est, 24036776 - Centris.ca Income properties for sale in Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal (Island), 1535 - 1549, Rue Jarry Est, 24036776 - Centris.ca Income properties for sale in Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal (Island), 1535 - 1549, Rue Jarry Est, 24036776 - Centris.ca
$2,949,000 +GST/QST or

Income properties for sale

1535 - 1549, Rue Jarry Est, Montréal (Villeray/Saint-Michel/Parc-Extension)

841

Features

Lifestyle
24036776 2949000 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/24036776 /fr/multifamilial~a-vendre~montreal-villeray-saint-michel-parc-extension/24036776 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/24036776 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/24036776/photos 45.5518940000 -73.6204920000 true
Use of property
Residential, Commercial
Year built
1956
Parking (total)
Driveway (10)
Number of units
Residential (9), Commercial (4)
Residential units
5 x 3 ½, 4 x 4 ½
Potential gross revenue
200,544 $
Additional features
Basement 6 feet or +
91

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.
Centris No. 24036776

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Financial details

Municipal assessment (2021)
Lot $597,600
Building $1,320,100
Total $1,917,700
Taxes
Municipal (2025) $2,307
School (2025) $131
Total $2,438
Taxes
Municipal (2025) $27,680
School (2025) $1,574
Total $29,254
Expenses
Electricity $58
Insurance $884
Snow removal $117
Management/Administration $417
Total $1,476
Expenses
Electricity $700
Insurance $10,606
Snow removal $1,400
Management/Administration $5,000
Total $17,706
See all financial details

Listing brokers

Jean Fortin, Residential and Commercial Real Estate Broker

Jean Fortin

Residential and Commercial Real Estate Broker
Jean Fortin INC.
514-962-3018

KELLER WILLIAMS PRESTIGE

Real Estate Agency
KELLER WILLIAMS PRESTIGE, Real Estate Agency
Paul Fortin, Residential and Commercial Real Estate Broker

Paul Fortin

Residential and Commercial Real Estate Broker
514-969-4036 514-426-0047

KELLER WILLIAMS PRESTIGE

Real Estate Agency
KELLER WILLIAMS PRESTIGE, Real Estate Agency

Location

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

Population (2021) 145,090
Population variation between 2016 and 2021 1%
Population density 8,799 hab/km2
Unemployment rate (2021) 12%
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Discrepancies in totals and percentages, which may not add up to exactly 100%, may occur due to Statistics Canada's census methods. Source: 2021 Census, Statistics Canada

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