Located in the heart of Villeray, 422-424-426 Jarry Street East represents an excellent investment opportunity for both investors and owner-occupiers. This mixed-use building enjoys a strategic location on a vibrant commercial thoroughfare, just steps away from the Jarry metro station, bus routes, local shops, and Jarry Park, ensuring strong rental demand and excellent commercial visibility. Dual occupancy is possible. A visit is a must to fully appreciate the opportunity this presents for the future buyer.
Sale with exclusion(s) of legal warranty - See listing broker(s)
A mixed-use building strategically located on a busy commercial thoroughfare in Villeray, just a stone's throw from the Jarry metro station, shops, schools, and services. This sought-after neighborhood ensures strong demand for both commercial spaces and residential units.
The building consists of a ground-floor commercial space (Unit 422), currently occupied by a business with a lease in effect through June 30, 2028, providing stable rental income. The other two units are 4½-room apartments, each with a double living room. Since the apartments are currently vacant, the future buyer will be able to set rents based on current market conditions upon taking possession, which represents a significant advantage for maximizing the building's income or for occupying one of the units.
Thanks to its layout, this property presents an excellent opportunity for both an investor and an owner-occupier. The combination of established commercial income, two vacant residential units that can be rented at market rates, and a prime location gives this building excellent investment potential.
The taxable portion of the property is set at 40% of its total value.
*This sale is made without legal warranty, at the buyer's own risk.*
This information is provided to the best of our knowledge and is subject to change without notice. REMAX Pro/Commercial Inc. assumes no liability for any errors or omissions in its content.
Building details and property interior
Dimensions
23' 4" X 48' 3"
Year constructed
1929
Living area
3,375 ft²
Basement
Partially finished
Lot and exterior features
Lot size
23' 4" X 60' 4"
Lot area
130.10 m²
Proximity
Highway, CEGEP, Daycare centre, Hospital, Metro, Bicycle path, Elementary school, High school, Public transportation
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Double
Financial details
Municipal assessment (2026)
Lot assessment
$ 208,200
Building assessment
$ 932,900
Total
$ 1,141,100
Taxes
Municipal
(2026)
$ 14,436
School
(2025)
$ 793
Total
$ 15,229
Annual expenses
Insurance
$ 5,011
Total
$ 5,011
Energy expenses
Electricity
$ 2,606
Total
$ 2,606
Gross annual revenues (potential)
Residential
$ 48,000
Commercial
$ 60,000
Total
$ 108,000
Inclusions and exclusions
Inclusions
Some equipment or furniture is subject to negotiation.