Income properties for sale
663 - 667, Montée Masson, Mascouche, Neighbourhood City
$10,700,000
$10,700,000
Income properties for sale
663 - 667, Montée Masson, Mascouche, Neighbourhood City
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
$604,020
Description
A rare opportunity to be seized in the heart of Mascouche, a booming city just 35 minutes north of Montreal. This stunning luxury building enjoys a strategic location, ideal for investors seeking long-term value and profitability. 2 EXCEPTIONAL MORTGAGES are to be taken over: the 1st at 2.08%, maturing in March 2031, and the 2nd at 2.82%, maturing in December 2031, offering a substantial and guaranteed financial return. Built in 2019, this exceptional building comprises 18 spacious, centrally air-conditioned apartments, including 6 2-storey penthouses, 3 elevators and 30-car indoor garage. ANNUAL INCOME ± $604,000. Watch the video & pictures.
Centris No. 14256705
Financial details
| Municipal assessment (2019) | |
|---|---|
| Lot | $733,700 |
| Building | $4,236,300 |
| Total | $4,970,000 |
| Taxes | |
|---|---|
| Municipal (2024) | $69,175 |
| School (2024) | $4,611 |
| Total | $73,786 |
| Expenses | |
|---|---|
| Electricity | $4,120 |
| Gas | $1,300 |
| Insurance | $15,980 |
| Total | $21,400 |
See all financial details