Cash flow with this beautiful multi unit in Casselman! This mixed-use property was fully renovated in 2017 and features 2 1-bdrm units on the main level and 3 2-bdrm units upstairs. Each unit comes with a fridge, stove, dishwasher, wall-mounted AC, gas fireplace (2 units), heated bathroom floors (2 units), on-demand boiler (2 units), microwave (2 units) and a gas furnace (in 2 units). Enjoy powder-coated balconies and a large interlock terrace with handicap ramp access. Zoned for commercial use, the property offers plenty of opportunities, along with the commercial unit on the main floor. Great for owner operated business OR perfect for the savvy investor looking for a smart buy! Within walking distance to amenities, VIA Rail, and 8+ parking spaces for you and your tenants. Quick access to HWY 417, making it just 30 minutes to Ottawa and 1.5 hours to Montreal. The local business scene is buzzing, with lots of shops, restaurants, and services enjoyed by the community. |
Price | $1,449,999 |
Taxes: | $10808.00 |
Occupancy by: | Tenant |
Address: | 739 PRINCIPALE St , Casselman, K0A 1M0, Ontario |
Postal Code: | K0A 1M0 |
Province/State: | Ontario |
Legal Description: | LT 19 W/S NATION ST PL H.O. WOOD 1885 CA |
Lot Size: | 50.00 x 150.00 (Feet) |
Directions/Cross Streets: | Hwy 417 East, Exit 66 Casselman, turn left onto Principal Street. Property is on your left hand side |
Category: | Apartment |
Insurance Expense: | $6200 |
Water Expense: | $5401 |
Gross Income/Sales: | $125724 |
Net Income Before Debt: | $101797 |
Heat Type: | Forced Air |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Prescott and Russell |
Municipality: | Casselman |
Neighbourhood: | 604 - Casselman |
Lot Size: | 50.00 x 150.00(Feet) |
Tax: | $10,808 |