I see from the IGI that' the extract is from the parish of Tarves.
There are various of places called Craigie all over Scotland, and I agree that it looks like Cassieend and could be Causewayend. This, again, is a name that occurs in various parts of Scotland. There are Causewayends in the parishes of Belhelvie, New Machar, Old Machar, Coupar Angus and Muiravonside besides the street of that name in Aberdeen, and there are almost certainly others. Then there are places called Causeyend in Huntly, Fettercairn and Kilmadock
Normally, if the parents of a child whose baptism is being recorded lives anywhere outside the parish, the record will say, '.... in the parish of xxx'. Therefore unless you have very good reason to think otherwise, you are looking for a place called Causewayend of Craigie
in the parish of Tarves. It isn't likely to be a street in the city of Aberdeen, which is several parishes away.
In the 1881 census there is a farm in Tarves called Craigies, about a mile south-west of the village, and two houses at East Craigie and one at Craigie Shethin. These last three are north-east of Tarves village, between the ground of Pitmedden House and the River Ythan.
In 1841 there were several household at Craigies, and half a dozen around Craigie.
Purely on the basis that the Craigie ones seem to be more scattered than those at Craigies, all of which seem to be close together, it seems likely to me that Causeyend was among the places named Craigie rather than at the place called Craigies.
I wonder whether any of the Pitmedden Estate records have survived? If so, I think that's your best bet for finding out more about Causeyend of Craigie. It looks as if the University of Aberdeen Special Libraries and Archives has some archives relating to Pitmedden. See
https://www.abdn.ac.uk/library/about/special/