739 PRINCIPALE STREET
Ottawa · K0A1M0
$1,399,900
About this residence
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:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Living area
- 5,000 sq ft
- Lot size
- 50 x 150 FT
- Frontage
- 50 feet
- Parking
- 8 spaces
- Annual tax
- $11,142
- MLS®
- X12294206
- Board
- Ottawa
- Status
- Inactive
- Listed
- Jul 18, 2025
- Updated
- Oct 23, 2025
Features & finishes
Appliances
- Washer
- Dishwasher
- Dryer
- Water softener
- Hood Fan
- Water Heater
Heating
- Other
Cooling
- Partially air conditioned
Financing
Estimated monthly payment
$6,547/mo
Loan amount
$1,119,920
Down payment
$279,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Ottawa
About the area
Census · K0A- 111,626
- Population
- 44
- Median age
- $115,000
- Median income
- $548,000
- Median home value
- 87%
- Home ownership
- 31 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 739 PRINCIPALE STREET?
739 PRINCIPALE STREET is listed for $1,399,900, in Ottawa.
What type of home is 739 PRINCIPALE STREET?
739 PRINCIPALE STREET is a Multi-family, Multi-Family.
How large is 739 PRINCIPALE STREET?
The home offers approximately 5,000 sq ft of living space on a lot measuring 50 x 150 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $6,547. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $11,142 per year.
Is there parking?
Yes — 739 PRINCIPALE STREET includes 8 parking spaces.
What is the Ottawa area like?
Ottawa has a population of about 111,626, a median age of 44, a 87% home-ownership rate, with an average commute of about 31 minutes.
What is the average home value in Ottawa?
The median dwelling value in this area is approximately $548,000, based on census data via Neighbourly.
What is the median household income in Ottawa?
The median household income in this area is approximately $115,000.
Private viewings
Arrange a private viewing of 739 PRINCIPALE STREET.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.