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820 Ville Marie Drive
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Beds
5
Baths
4
Sqft
2,800
Year
1980
Type
Single Family
On market
28d
A beautifully maintained property located in the highly desirable Creston North area of Marystown. This home offers exceptional versatility and can easily function as a two-apartment investment property. The main level features an open-concept layout with a kitchen equipped with a peninsula, a bright dining area, and a spacious living room. The primary bedroom includes an ensuite with soaker tub with tile surround and a walk-in closet. A second bedroom, spacious full bathroom, and convenient main-floor laundry complete this level. The basement includes a generous family room, an additional bedroom, a bathroom with stand up shower, a laundry room, storage space, and a mudroom with a separate walkout entrance. The apartment offers an eat-in kitchen, a comfortable living area, one bedroom with the potential to add a second, and a full bathroom with its own laundry area. The apartment has its own private entrance. The property is extensive and includes four separate garages, the newest measuring 35×48. All garages are heated and wired. One is an office and lunch room. These operate on its own meter. The property currently supports an active business of sandblasting and painting. While the business itself is not included in the sale price, the garages remain with the sale. The owner is open to discussing opportunities with interested buyers for the business. Many upgrades here include ducted heat pump, updated electrical, new windows, siding, and a metal roof—just to name a few. This property appeals to a wide range of buyers: a great family home, an investment opportunity where a chance to live in one unit while renting the other to help offset costs. It’s also ideal for someone looking to operate their own business or potentially take over the existing one. Possibilities are endless here. This is a fantastic deal—come see everything this property has to offer. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 6 x 8 | |
| Mud room | 6 x 9 | |
| Storage | 4 x 5 | |
| Utility room | 3 x 8 | |
| Bath (# pieces 1-6) | 4 x 7 | |
| Bedroom | 10 x 10 | |
| Family room | 14 x 20 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 7 x 10 | |
| Porch | 3 x 4 | |
| Foyer | 3 x 10 | |
| Mud room | 3 x 5 | |
| Laundry room | 5 x 7 | |
| Bath (# pieces 1-6) | 7 x 12 | |
| Bedroom | 10 x 16 | |
| Ensuite | 7 x 10 | |
| Primary Bedroom | 10 x 18 | |
| Living room | 16 x 18 | |
| Kitchen | 12 x 12 |
Other
| Room | Dimensions | Features |
|---|---|---|
| Porch | 3 x 4 | |
| Not known | 10 x 10 | |
| Bath (# pieces 1-6) | 6 x 8 | |
| Not known | 5 x 6 | |
| Not known | 4 x 5 | |
| Not known | 6 x 6 |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
12.44%
Cap rate
7.35%
GRM
9.8
Break-even rent
$2,449
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Marystown. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.