$10,150,000
18-plex for sale - Mascouche (Ville)
$10,150,000
$10,150,000
18-plex for sale - Mascouche (Ville)
$10,150,000
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663 - 667 Mtée Masson, Mascouche (Ville), J7K 3G1
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 ******
-
Lot area:
31,122 SF - NUMBER OF ROOMS : 0
- Year built : 2019
Building details and property interior
139' X 243'6" Irregular
2019
Attached , Heated
Addenda
BUILDING ELIGIBLE FOR CMHC's MLI SELECT -- ENERGY EFFICIENCY: 50 POINTS.
REQUIRED CASH DOWN ESTIMATED TO BE $2.1 MILLION (to be confirmed by the mortgage broker).
DETAILS OF THE 2 MORTGAGES TO BE ASSUMED BY THE PURCHASER ARE AVAILABLE UPON REQUEST.
PROPERTY DESCRIPTION
- This is an 18-unit central air-conditioned building, 2 of which are commercial spaces (a hair salon and an esthetic salon) with a 30-car indoor garage and 3 elevators, chic freight elevator type
- 12 X 5 ½ and 6 Penthouses on 2 floors
- The 5 ½s 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 large family room on the 2nd level and a stunning 400 sq. ft. terrace
- Separate laundry room in each unit
- 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
HERE ARE THE KEY TAKEAWAYS ABOUT THIS INVESTMENT PROPERTY:
- The property is a luxurious building located on Mascouche's main street, offering outstanding.
- Building has always been fully occupied since its construction and is leased to high-end, affluent tenants
- Current annual rental income is +/- $629,000
- Depending on the financing option buyer would select, free cash flow could exceed $225,000 per annum. Please refer to the attached 2025 pro forma.
- The buyer must take over the 2 existing mortgages, which have exceptional interest rates for the next 6.5 years
- The first mortgage is at 2.08% maturing in March 2031, and the second is at 2.82% maturing in December 2031
- The property is managed by a highly competent property manager, handling everything from service calls and tenant relations to apartment leasing, credit checks, and lease drafting
- Financial information available upon request
- The property has its own website - visit: squaremasson.com
Building details and property interior
139' X 243'6" 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
Central vacuum cleaner system installation , Central air conditioning , Air exchange system , Intercom , Alarm system
Municipality
Municipality
Included & Excluded
15 appliances and all hot water heaters, all sold as is without legal warranty of quality.
Not specified
Financial details
Assessment (2025)
Taxes
- (2025)
- (2025)
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 (2025)
Taxes
- (2025)
- (2025)
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 : 514-278-2109
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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.
