Commercial owners in Greater Montreal holding two or more properties with no recorded transaction or permit activity for three or more years - the most selective off-market prospecting signal in the catalogue.
Recommended
653
records
What you get
Purchase this licence and get a verified list loaded directly into your VIREC account, instantly.
Sample data
| Owner Name | Owner ID | Owner Mailing Address | Property ID | City | Asset Class | Number of Years Held | Hold Start Date | Column | Column |
|---|---|---|---|---|---|---|---|---|---|
| Frères Beauchamp et Associés | OWN-CA-004715 | 4715 Ave. Christophe-Colomb, Montréal, QC H2J 3G6 | PROP-CA-MTL-22913 | Montréal | Commercial | 14 | 2011-03-22 | ||
| Patrimoine Foncier Laval Inc. | OWN-CA-011883 | 3535 Boul. Saint-Martin O., Laval, QC H7T 3A8 | PROP-CA-LAV-18447 | Laval | Industrial | 11 | 2014-07-09 | ||
| 7291043 Ontario Ltd. | OWN-CA-019204 | 390 Bay St., Suite 1200, Toronto, ON M5H 2Y2 | PROP-CA-TOR-41837 | Toronto | Multiresidential | 17 | 2008-04-14 | ||
Why now
Dormant multi-property owners are not passive by default. They are passive by circumstance. Estate planning complexity, partnership inertia, aging decision-makers, and capital gains exposure accumulate over time and create owners who need a catalyst more than they need a listing. The right conversation at the right moment unlocks these holdings. Dormant Multi-Property Owners tells you exactly where to have it.
Who uses this
Broker / Sales Agent
Identify multi-property holders who have not transacted or pulled a permit in years. These owners are not listed. They are waiting for the right advisory conversation. Reach them first, before a competitor or an estate advisor gets there.
Developer / Investor
Locate dormant portfolios adjacent to your target acquisitions. Owners who have done nothing across multiple assets for three or more years may be open to off-market approaches that no listing platform would ever flag.
Lender / Mortgage Broker
Dormant portfolio owners often have aging debt structures, approaching maturity dates, or untapped equity. A timely conversation about refinancing or recapitalization can open a long-term advisory relationship.
Appraiser / Consultant
Profile ownership inertia within a market or submarket. High dormancy concentration is a structural market factor relevant to supply forecasting, latent disposition cycles, and investment cycle analysis.
Data quality
Derived from land registry transaction history and municipal permit records
Dormancy is calculated from the absence of recorded transactions and permit activity across the entire portfolio over the look-back window. Portfolio count is derived from current ownership records across tracked properties.
Coverage: Canada and the USA.
Both thresholds applied consistently across all markets
Every owner holds a minimum of two commercial properties in the selected market and has no recorded transaction activity and no permit activity across their entire portfolio in the past three or more years. Both conditions are required simultaneously.
Includes: Owner name, mailing address, portfolio count, asset type mix, years since last transaction.
Kept current as ownership and permit records are processed
Owners who transact or pull a permit are removed from the dataset when the update is processed. Their dormancy clock resets.
Archive: Prior quarter editions available for cohort tracking.
FAQ
Three conditions have to be simultaneously true: the owner holds multiple commercial properties, they have had no recorded transaction activity in three or more years, and there is no permit activity across their entire portfolio in the same period. No sales, no renovations, no new development, nothing. This is not just a long-term hold. It is a portfolio in full stasis.
Long-Tenure Owners qualifies on duration alone, any owner holding 10 or more years on a single property. Dormant Multi-Property Owners applies two additional filters: the owner must hold multiple properties, and there must be no transaction or permit activity across the entire portfolio in the past three or more years. The bar is deliberately higher and the resulting list is deliberately smaller.
Inactivity in commercial real estate is almost never a decision made in perpetuity. It is a decision made in a context: a tax situation, an estate plan not yet finalized, a family situation, a market timing calculation, or simply inertia. All of those contexts change. An owner who has held multiple commercial assets for years and done nothing is sitting on a decision that, when it happens, will be significant.
Three independent conditions must all be met simultaneously, and that combination is genuinely rare. A smaller list means every record is a high-confidence signal. For off-market prospecting and high-touch outreach, a tighter, higher-confidence list consistently outperforms a larger, noisier one.
Because all three qualifying conditions are structural. They reflect what is currently true about an owner and their portfolio, not an event that occurred in a specific window. You select your market and receive every qualifying owner as of the last update.
It is the owner's address on file for municipal tax purposes. That is the most direct address you will find for any property owner, and it is what you use to reach them.
VIREC sources directly from public ownership and transfer registries and municipal permit portals across all covered markets. Dormancy is calculated from the confirmed absence of both transaction and permit activity across the full portfolio over the look-back window.
Every Owner ID and Property ID is queryable in the VIREC AI Tool. Drop an Owner ID to see the complete portfolio across all held assets, full ownership history, permit activity or confirmed absence of it, transaction history, and mailing address.
Once your order is confirmed, the dataset is automatically loaded into your VIREC Platform account and accessible immediately in the My Data section. No download required, no file to import.
Yes. Use the Request a Sample button on this page and you will get it instantly. The sample reflects the exact schema, field structure, and data quality of the full dataset.
Yes. Dormant Multi-Property Owners is already the most selective signal in the catalog. For additional layering, cross the Owner IDs against Active Buyers to see if any dormant holders have recently broken their inactivity with a new acquisition. Cross Property IDs against Recently Issued Permits across prior quarters to confirm the absence of activity on any specific asset before making contact.