$10,700,000
18-plex for sale - Mascouche (Ville)
$10,700,000
$10,700,000
18-plex for sale - Mascouche (Ville)
$10,700,000
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663 - 667 Mtée Masson, Mascouche (Ville), J7K 3G1
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.
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Lot area:
31,122 SF - NUMBER OF ROOMS : 0
- Year built : 2019
Building details and property interior
183'3" X 74'4" Irregular
2019
Attached , Heated
Addenda
- A balance of sale is available in case buyer needs one.
- The indicated revenues are those of July 1, 2025.
- The 2025 Proforma is attached along with the Certificate of Location.
TRANSFER DUTIES EXEMPTION
The seller might offer the buyer the possibility of purchasing the company (100% of the shares) that owns the building, to be exempt from the Property Transfer tax of +/$311,733. Note that the company only holds this building as an asset and the financial statements are prepared by a CPA firm. All subject to an accounting and legal review of course.
SELF MANAGED BUILDING
Building has a Property Manager who looks after all service calls, repairs, rentals and day-to-day oversight
DETAILS OF THE 2 LOANS TO BE TAKEN OVER BY BUYER ARE AVAILABLE ON DEMAND
PROPERTY DESCRIPTION
. The building is comprised of 18 units of which 2 are commercial spaces, a 30-car indoor garage and 3 elevators
. The 2 commercial spaces are a hair salon on the ground floor and an esthetic salon on the 2nd. GST and QST to apply on these 2 commercial spaces.
. 12 X 5 ½s and 6 penthouses on 2 levels
. The 5 1/2s measure approx. 1,490 sq. ft. and the penthouses 2100 sq. ft.
. Concrete floors - Superior soundproofing
. The Penthouses have a huge living/family room on the 2nd level with a large terrace - watch the video
. Laundry room in all apartments
. Large walk-ins in all apartments
. Quartz kitchen counters
. 22 secure-access storage spaces (lockers)
. 2 electric vehicle charging stations
. Automatic irrigation system in the garage
. 10 cameras installed inside and outside - connected to the internet + DVR
. Intercom with camera - wired installation
. Sun protection film installed on 3 stairwells
. Fire extinguishers installed in stairwells and garage
IMPORTANT CONSIDERATIONS
. gas fireplace installed in all apartments
. 2 gas fireplaces in all penthouses, one on each level
. Heating is gas - forced air. Water heaters are also gas-fired. Gas consumption paid by the tenants
. Water heaters belong to the building
. Heated floors in all bathrooms and powder rooms
. Smoke detectors installed in all apartments and connected to the central alarm panel
. Central alarm panel tested annually by Viking - certificate of compliance on hand
. Magnetic key to enter the building and a remote control for the garage
OTHER DETAILS
. Dogs are prohibited, however permitted on request only
. Snowblower included in sale price
. Website included in sale price - visit squaremasson.com
. Non-smoking building
. Bar-B-Q allowed
Building details and property interior
183'3" X 74'4" Irregular
2019
Attached , Heated
Lot and exterior features
31,121.69 SF
Garage : 30
Highway , Hospital , Park , Bicycle path , Elementary school , High school
Commercial , Residential
Characteristics
Forced air
Natural gas
Municipality
Municipality
Included & Excluded
15 appliances and 1 snow plower sold as is without legal warranty
Not specified
Financial details
Assessment (2025)
Taxes
- (2025)
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
NEIGHBOURHOOD STATISTICS
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13.7%
-
28.8%
-
20.9%
-
19.0%
-
17.6%
-
40.3%
-
9.7%
-
3.5%
-
46.5%
-
0.0%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Assessment (2025)
Taxes
- (2025)
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
My name is ALBERT SAYEGH, RE/MAX real estate broker. How may I help you?
Do you have a question?
ALBERT SAYEGH
RE/MAX DU CARTIER | 1290 rue Bernard Ouest Bureau 100, Montréal, Québec, H2V 1V9
- Ofc. : 514-271-2131 |
- Cell. : 514-369-2248
- Fax : 514-271-8800
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
