Residentiae.
For Sale · Ottawa

739 PRINCIPALE STREET

Ottawa · K0A1M0

$1,399,900

Bedrooms
Bathrooms
8Parking
5,000Sq Ft

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

Mortgage calculator

Estimated monthly payment

$6,547/mo

Amortization

Loan amount

$1,119,920

Down payment

$279,980

Estimate only. Rates and terms vary by lender and qualification.

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Location & 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

0–14
18%
15–24
10%
25–44
24%
45–64
30%
65+
18%

Tenure

87% owners13% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently 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.

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