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604 - Casselman, Casselman
$849,000
**Non-legal duplex, rental income!** This charming century home blends timeless historic appeal with thoughtful modern updates, offering the perfect opportunity for personal touches in a versatile, income-generating property.Recently topped with a brand-new steel roof (replacing the original 125-year-old one), this home ensures long-term peace of mind and low maintenance. Major renovations include a new propane furnace (replacing the old oil system for efficient, reliable heating), fresh basement flooring, and a commercial-grade washer and dryer setup for added convenience.Inside, the kitchen shines with new wood cabinets and replaced floorboards, creating a warm, inviting space. Upgrades extend to three upgraded bathrooms (with new toilets and updated plumbing behind the showers), delivering modern functionality while preserving the home's classic character.The property has been beautifully cleared of overgrown gardens, revealing a clean slate for your dream landscaping-plus a rough-in vegetable garden area ready in the backyard for fresh produce or creative gardening.A standout three-door garage features plumbing and drainage, ideal for workshops, hobbies, or extra storage.This non-legal duplex configuration provides excellent flexibility: two separate kitchens, two laundry rooms, and independent entrances for each side. Previously operated successfully as an Airbnb and continuing to generate rental income, it offers the smart buyer the chance to live in one unit and rent the other for supplemental income-or configure as desired.Priced as-is to allow your personal vision and evolving style to shine, this rare find combines historic charm, substantial updates, and strong income potential. Legal basement apartment. Basement has high ceilings and extra hight ceilings. Cable TV and satellite TV available and fibre with bell Canada. Don't miss the chance to make it your own-schedule a viewing today
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $3,400 |
| Lot Size | 133.85 ft x 153.83 ft |
| mls© Number | X13723556 |
| Listed By | RE/MAX PROFESSIONALS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,346
- Property tax
- $283
- Heat allowance
- $150
- Housing costs
- $4,779 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$147,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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