$10,150,000

18-plex for sale - Mascouche (Ville)

$10,150,000

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$10,150,000

18-plex for sale - Mascouche (Ville)

$10,150,000

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663 - 667 Mtée Masson, Mascouche (Ville), J7K 3G1

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?

  • Lot area: 31,122 SF
  • NUMBER OF ROOMS : 0
  • Year built : 2019
ALBERT SAYEGH
Certified real estate broker
Building details and property interior
Particularities plusParticularities minus

139' X 243'6" Irregular

2019

Attached , Heated

Addenda
Particularities plusParticularities minus

WELCOME TAX EXEMPTION
The seller could offer the buyer the possibility of purchasing the company (100% of the shares) that owns the building, to be exempt from the Welcome Tax of +/-308,000$. Note that the company holds only this building as an asset, and the financial statements are prepared by a CPA firm. All subject to accounting review and legal memorandum.

- DETAILS OF THE 2 MORTGAGES TO BE ASSUMED BY THE PURCHASER ARE AVAILABLE UPON REQUEST.

PROPERTY DESCRIPTION
. This is an 18-unit air-conditioned building, 2 of which are commercial spaces, a 30-car indoor garage and 3 freight elevators serving the 1st, 2nd and 3rd floor.
. The 2 commercial spaces are a hair salon on the first floor and a beauty salon upstairs. GST/QST will apply on these commercial units.
. 12 X 5 ½ and 6 Penthouses on 2 floors of 2 bedrooms
. The 5 ½ measure 1,490 sq. ft. and the 6 Penthouses on 2 floors 2,100 sq. ft.
. Floors are concrete for superior soundproofing
. The Penthouses have a very large family room on the 2nd level and a 400 SF terrace
. Laundry room in all apartments
. Large walk-ins in all main bedrooms
. Kitchen with quartz countertops and center island
. 22 storage spaces
. 2 EV charging stations
. 11 surveillance cameras installed throughout, garage included
. Intercom with color camera

OTHER
. Dogs allowed on request only. Cats yes.
. Website included in sale price - see website: squaremasson.com
. Non-smoking building
. Bar-B-Q allowed

Building details and property interior
Particularities plusParticularities minus

139' X 243'6" Irregular

2019

Attached , Heated

Lot and exterior features
Particularities plusParticularities minus

31,121.69 SF

Garage : 30

Highway , Hospital , Park , Bicycle path , Elementary school , High school

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Forced air

Natural gas

Central vacuum cleaner system installation , Central air conditioning , Air exchange system , Intercom , Alarm system

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

15 appliances and all hot water heaters, all sold as is without legal warranty of quality.

Not specified

Financial details
Particularities plusParticularities minus
Assessment (2025)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
663 - 667 Mtée Masson, Mascouche (Ville), J7K 3G1
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 13.7%
  • 28.8%
  • 20.9%
  • 19.0%
  • 17.6%
  • 40.3%
  • 9.7%
  • 3.5%
  • 46.5%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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ALBERT SAYEGH
Certified real estate broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2025)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
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My name is ALBERT SAYEGH, RE/MAX real estate broker. How may I help you?

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