739 Principale St

For Sale 95 Days
$1,399,900
beds
baths
5,000 Sqft

739 Principale St

For Sale 95 Days
$1,399,900
beds
baths
5,000 Sqft

Highlights

Key insights

Description

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:63267)

Justin Millette of ENGEL & VOLKERS OTTAWA,
#X12294206
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Amenities / Utilities
  • Cooling
    Partially air conditioned
  • Heat type
    Other
Exterior
  • # parking spaces
    8
Location
  • Subdivision
    604 - casselman
  • Directions
    2098384
Overview
  • Lot size (acres)
    0.0
  • Building size
    5000
  • Listing #
    X12294206
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28625411/739-principale-street-casselman-604-casselman
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,733

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25 Years fixed, 20% down payment, % interest
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