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$1,399,900

Casselman ON, K0A 1M0

MLS® # X12294206

Property Information:

Here's an exceptional opportunity in the heart of the growing village of Casselman. This fully renovated mixed-use commercial building offers strong cash flow potential with a total of six units, including five residential apartments and one bright, versatile commercial space fronting on Principale Street offering various uses, located alongside other local businesses. Originally renovated in 2017, the property features two 1-bedroom units on the main level and three 2-bedroom units on the second floor, each thoughtfully equipped with all appliances, in-unit laundry, A/C and modern finishes throughout. Select units also offer gas fireplaces, heated bathroom floors, and on-demand boilers. Upper-level residents enjoy private, powder-coated balconies and the lower level units have a small deck. The front of the building has an interlock patio with a wheelchair-accessible ramp leading to the commercial unit. The 1,135 sq.ft. commercial unit features soaring 12-foot ceilings, large street-facing windows, a 298 sq.ft. front patio, and three washrooms, perfect for retail, office, or service-oriented use. Zoned for a wide range of commercial purposes, the property presents a great opportunity for both owner-occupiers and hands-off investors. With very low maintenance required, ample on-site parking (8+ spaces), street parking out front, and strong tenancy in place, this prime property is ideal and centrally located within walking distance to VIA Rail, grocery stores, restaurants, and other village amenities. A 2 minute drive off Highway 417, only 30 minutes to Ottawa and 1.5 hours to Montreal. This is a rare, turnkey opportunity in a thriving small-town market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 5000 sqft
  • Heating Type: Other
  • Cooling Type: Partially air conditioned
  • Appliances: Dishwasher, Dryer, Hood Fan, Washer, Water softener

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Recreation
  • Floor Space (approx): 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 150 FT
  • Zoning: VC
  • No. of Parking Spaces: 8

Courtesy of: ENGEL & VOLKERS OTTAWA

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 739 PRINCIPALE STREET, Casselman, Ontario, K0A 1M0

Demographic Information of 739 PRINCIPALE STREET, Casselman, Ontario, K0A 1M0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$113,496.15

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.72 %

High school certificate or equivalent

30.93 %

Apprenticeship trade certificate/diploma

6.14 %

College/non-university certificate

23.88 %

University certificate (below bachelor)

0.21 %

University Degree

16.11 %

Commuter

Travel To Work

By Car

87.2 %

By Public Transit

0.28 %

By Walking

6.33 %

By Bicycle

0.0 %

By Other Methods

6.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.36 %

Houses

77.64 %

Own Vs. Rent