100 Laurier Street

Introducing an exceptional investment opportunity with a Multi-Family Home for sale in Casselman , located at 100 Laurier Street, Casselman. This well-maintained multiplex is strategically situated in the thriving community of Casselman, nestled within the Prescott and Russell area. With no rear neighbours, this property not only provides privacy but also a unique chance to own a fully leased income-generating asset.

This impressive three-storey building boasts a total of nine bedrooms and five bathrooms, making it an ideal choice for those looking to invest in a multi-family dwelling. Each of the three spacious units features three bedrooms and 1.5 bathrooms, comprising a three-piece and a two-piece bathroom. The thoughtful layout of each unit is designed to appeal to quality tenants, ensuring a steady stream of rental income. The presence of in-unit laundry facilities adds to the convenience and desirability of these units, making them highly attractive to potential renters.

As you explore the property, you will find that it is set on a generous lot measuring 50 by 164 feet, providing ample outdoor space. Although there is no pool or garage, the property offers six dedicated parking spaces—two per unit—ensuring that tenants have easy access to their vehicles. The absence of a central vacuum system and family room is offset by the practicality of the living arrangements, making this a functional investment for those seeking a multi-family home.

The exterior of the building is clad in a combination of vinyl siding and stone, presenting a modern yet timeless aesthetic. The property is unfurnished, allowing new owners the flexibility to tailor the interiors to their preferences or to maintain them as they are. The heating is provided by a heat pump, while wall unit air conditioning ensures comfort during the warmer months. The property is connected to municipal water and sewer services, adding to the convenience of living in this well-appointed home.

With strong rental potential and a prime location near local amenities, this Multi-Family Home for sale in Casselman is a rare find. All units are currently leased, including one on a month-to-month basis, providing both immediate cash flow and flexibility for the new owner. This is an excellent opportunity for seasoned investors looking to expand their portfolio or for first-time buyers who wish to live in one unit while renting out the others.

The community of Casselman is vibrant and growing, making it an attractive location for tenants. Its proximity to essential services and recreational facilities enhances the appeal of this property, ensuring that it remains a sought-after residence. Whether you are looking to invest or to establish a home while generating income, this Multi-Family Home for sale in Casselman checks all the boxes.

For those interested in exploring this opportunity further, the property is available for private viewings. Should you require a full financial breakdown or wish to schedule a visit, do not hesitate to reach out. The potential of this property is significant, and with its prime location at 100 Laurier Street, Casselman, it is an investment that should not be overlooked. Seize this chance to secure a multi-family home that offers both immediate returns and long-term growth in a desirable community.

The community of 604 in Casselman, nestled within the charming town of Casselman, offers a delightful blend of rural tranquillity and modern convenience. This picturesque area is characterised by its welcoming atmosphere, where lush green spaces and scenic landscapes provide a serene backdrop for outdoor activities. Residents enjoy easy access to local amenities, including quaint shops, cafes, and community services, all while being just a short drive from larger urban centres. With its strong sense of community spirit and a variety of recreational opportunities, 604 in Casselman is an ideal location for those seeking a peaceful yet connected lifestyle in the heart of Ontario.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 610 residents, with an average household size of 2 individuals. The demographic profile indicates a mature community, with an average age of 49.4 years. The average household income stands at $90,000, reflecting a relatively affluent population, although 10.8% of residents are classified as low-income. The average property price in the area is $470,000, which may appeal to potential buyers looking for a stable investment. Notably, 55.66% of the population is single, while 31.03% of households include children, indicating a mix of family structures. The area also has a significant rental market, with 42.31% of residents renting their homes, and 17.31% living in condominiums. Education levels are relatively high, with 41.76% of the population holding a college or university degree. However, it is worth noting that the same percentage is not in the labor force, which may suggest a higher number of retirees or individuals pursuing other interests. Additionally, immigrants make up 6.25% of the population, contributing to the area's diversity. Overall, this demographic snapshot highlights a well-educated, primarily single community with a mix of families and renters.