$649,900
756 LAVAL STREET
Beds
4
Baths
2
Sqft
—
Year
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About this home
Once a single-family home, this fully converted and permitted up/down duplex in the heart of Casselman is a turnkey income-generating asset - generating $3,750/month in gross rental income with both tenants paying their own utilities. Upper Unit: 2 bed / 1 bath with separate entrance and dedicated outdoor space. Tenant planning to vacate end of term - a rare opportunity to owner-occupy or select your own tenant at current rent. Lower Unit: 2 bed / 1 bath with separate entrance and dedicated outdoor space. Fixed-term lease in place, providing immediate stable income. Three on-site parking spots. Fully permitted conversion.Located in the growing community of Casselman, just 35 minutes from Ottawa and minutes from Highway 417. Close to local schools, shops, and all essential amenities. This property cashflows. Whether you're an investor looking to add a clean, permitted, cash-generating asset to your portfolio - or a savvy buyer ready to have their investment work for them from day one - this one checks the boxes. Photos taken prior to tenants occupying units. Full income and expense details available. Reach out to book your showing. (id:65958)
- Subtype
- Multi-family
- Architectural style
- Raised bungalow
- MLS#
- X13005266
- Area
- CASSELMAN
Cash on cash
-11.93%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,610
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.