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
Roof terrace
Description
Exceptional Real Estate Investment Opportunity. Annual Income ± $629,200 - Cap Rate 4.60% - Required cash down +/- $2,4 million. Balance of Sale Available to Buyer, should h/she needs it. This luxurious property built in 2019-2020, is located in the heart of Mascouche, a vibrant and fast-growing municipality just 15-20 minutes from Laval. 18 Units consisting of 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 offers performance and elegance. See photos and video and take note of the important Addendum.
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 (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 |
See all financial details