Income properties for sale
663 - 667, Montée Masson, Mascouche, Neighbourhood City
$10,150,000
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 $
Additional features
Elevator, Roof terrace
Description
Exceptional Real Estate Investment Opportunity. Annual Income ± $628,200 - Gross Revenue Multiplier 16.15 - Cap Rate 4.70% - Balance of Sale Available to Buyer, should it be needed. This luxury property built in 2019-2020, is located in the heart of Mascouche, a vibrant and fast-growing municipality just 25-30 minutes from Laval. 18 Units: 12 spacious 5 ½ units measuring 1,490 sq ft, and 6 stunning penthouses over two floors measuring 2,100 sq ft with a gorgeous ± 400 sq ft terrace. A high-yield real estate investment that combines performance, quality, and elegance. See photos and video. Who's the lucky one?
Centris No. 21483923
Need more details?
Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $1,240,400 |
Building | $5,389,600 |
Total | $6,630,000 |
Taxes | |
---|---|
Municipal (2025) | $74,262 |
School (2024) | $4,526 |
Total | $78,788 |
Expenses | |
---|---|
Electricity | $4,400 |
Gas | $2,152 |
Insurance | $17,415 |
Elevator(s) | $450 |
Superintendent | $9,600 |
Snow removal | $9,198 |
Equipment (rental) | $2,700 |
Management/Administration | $14,900 |
Lawn | $4,048 |
Repairs and Maintenance - estimate | $5,400 |
Total | $70,263 |
See all financial details