Income properties for sale
663 - 667, Montée Masson, Mascouche, Neighbourhood City
$10,700,000
Features
Use of property
Residential, Commercial
Year built
2019
Lot area
31,122 sqft
Parking (total)
Garage (30)
Number of units
Residential (16), Commercial (2)
Residential units
10 x 5 ½, 6 x Other
Potential gross revenue
629,100 $
Description
ANNUAL REVENUE $630,000 - GROSS RENT MULTIPLIER OF 16.6 - CAP RATE OF 4.57% - SEE THE 2025 PROFORMA ON MATRIX - BALANCE OF SALE AVAILABLE TO BUYER. Two Exceptional Mortgages to be taken over by the buyer: the 1st: Rate of 2.08%, Maturity March 2031, the 2nd: Rate of 2.82%, Maturity December 2031. 2019-2020 construction located in the heart of Mascouche, one of the fastest growing cities in Quebec just 30 minutes north of Montreal. 18 x 5 ½ units, including 6 Penthouses on 2 floors with huge terraces. A high-yield real estate investment that combines performance, quality and absolute elegance. See photos and video.
Centris No. 14256705
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $1,240,400 |
Building | $5,389,600 |
Total | $6,630,000 |
Taxes | |
---|---|
Municipal (2025) | $74,262 |
School (2024) | $4,611 |
Total | $78,873 |
Expenses | |
---|---|
Electricity | $4,120 |
Gas | $1,300 |
Insurance | $17,416 |
Total | $22,836 |
See all financial details