Income properties for sale
663 - 667, Montée Masson, Mascouche
$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
Description
Prestigious Property in Mascouche -- A Rare Opportunity to Seize - Annual Revenue ±$629,500 - CAP Rate: 4.50% · Down Payment: ± 21%. Two exceptionally favorable mortgages to be assumed by the buyer: 1st Mortgage: Rate of 2.08%, maturing March 2031 - 2nd Mortgage: Rate of 2.82%, maturing December 2031. Stunning building located in the heart of Mascouche, one of the fastest-growing cities in Quebec, adjacent to Terrebonne and Repentigny. This luxurious property is always fully occupied, attracts financially affluent tenants, and delivers exceptional returns. Financial data available upon request- ****** See photos and video ******
Centris No. 21483923
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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 (2025) | $4,631 |
| Total | $78,893 |
| 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 |
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