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.
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| INCLUDED | |
|---|---|
| As per leases | |
| EXCLUDED | |
|---|---|
| As per leases | |
| ROOM DETAILS | |||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
| BUILDING | |
|---|---|
| Type | |
| Style | Detached |
| Dimensions | 13.18x24.38 M |
| Lot Size | 0 |
| EXPENSES | |
|---|---|
| Administration fees | $ 5000 / year |
| Insurance | $ 13435 / year |
| Energy cost | $ 700 / year |
| Snow removal / Lawn mowing | $ 1400 / year |
| Other rental | $ 1235 / year |
| Municipal Taxes (2026) | $ 29021 / year |
| School taxes (2026) | $ 1574 / year |
| CHARACTERISTICS | |
|---|---|
| Basement | 6 feet and over, Partially finished, Separate entrance |
| Driveway | Asphalt |
| Proximity | Bicycle path, Cegep, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park - green area, Public transport, University |
| Zoning | Commercial, Residential |
| Heating system | Electric baseboard units |
| Heating energy | Electricity |
| Distinctive features | Environmental study phase 1, Environmental study phase 2 |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Parking | Outdoor |
| Foundation | Poured concrete |
| Rental appliances | Water heater |
1420 Bd du Traversier, Pincourt,
QC J7W 0K8, Canada