653 Conservation Street, Casselman

$695,000
653 Conservation Street

$695,000

Price Change
16d
Detached2-Storey

653 Conservation Street, Casselman

Total Monthly Obligation $3,674

Beds
5
Baths
3
Park
4
Sqft
2000-2500
DOM
16d
Score
20
Yield
5.5%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13870952
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-47.57 × 118.8 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,949 (2025)
Parking-6 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-NEST SEEKERS INTERNATIONAL REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-604 - Casselman
Title-Residential Freehold

No agent assigned

**Welcome to 653 Conservation Street, Casselman!**Built in 2022 and situated on an upgraded lot in a quiet, family-friendly neighbourhood, this thoughtfully designed home offers modern finishes, a functional layout, and plenty of room fora growing family. With 4 bedrooms on the second floor, an additional bedroom on the main level,2.5 bathrooms, and a partially finished basement, this home provides the flexibility today's families need. The main floor features a bright, open-concept design that seamlessly connects the kitchen, dining, and living areas. The kitchen is both stylish and practical, offering upgraded cabinetry, convenient pantry pull-outs, and a centre island. Large windows fill the space with natural light, while additional pot lights enhance the home's warm and inviting atmosphere. A main-floor bedroom with engineered hardwood flooring provides an excellent option for guests, a home office, or extended family. Upstairs, four generously sized bedrooms offer comfortable private spaces for everyone. The primary bedroom provides a relaxing retreat and features a well-appointed ensuite with a freestanding tub. Hardwood maple stairs add an elegant touch while connecting the home's two levels. Upgraded second bedroom closet to a walk-in. The partially finished basement offers valuable additional space that can be customized to suit your lifestyle, whether you envision a recreation area, home gym, office, or playroom. Outside, the upgraded lot and large covered deck provide a comfortable setting for children to play, outdoor entertaining, or simply enjoying your own private space. The property is outfitted with central vac (system not included)Located in the growing community of Casselman, this home offers the best of both worlds: a peaceful small-town setting with schools, parks, shopping, and recreation nearby, while Highway417 provides convenient access to Ottawa and surrounding communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$556,000
Land Transfer Taxes$10,375
Legal Fees (Est.)
$
Total cash required for closing$150,875

Total Monthly Obligation

$3,674/mo
Mortgage $2,803
Monthly Loss $2,936
Principal$738
Interest$2,066
Property Tax$496
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,400/yr
NOI
$24,111/yr
Net Cash Flow
-$794/mo
Cash Margin
-24.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 653 Conservation Street

Time

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Data last updated within the past 24 hours.