$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
THE FIGURES SPEAK FOR THEMSELVES. CAP RATE of 4.12% based on CMHC guidelines + 2 exceptional mortgages to be assumed by the buyer. The 1st is at 2.08% maturing March 2031, and the 2nd at 2.82% maturing December 2031. High-luxury 2019 building of 18 units, 2 of which are commercial spaces (hair salon & a beauty salon), 30-car indoor garage and 3 elevators. Located in the heart of Mascouche, the building offers chic like no other in the north shore. See the video. $600,000 in annual income. Quality investment in a new, high-end building with no capital expenditures in sight. The building is always full. A superb building with a fabulous return.
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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
- 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 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 (2019)
Taxes
- (2024)
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
NEIGHBOURHOOD STATISTICS
-
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 (2019)
Taxes
- (2024)
- (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.
