
Multi-Family For Sale
$299,000
MLS® Number: SM253512
Floor Area
3,800
Year Built
1945
Multi-Family For Sale
$299,000
Floor Area
3,800
Year Built
1945
26 Connaught ST, Chapleau, Ontario
About This Property
Exceptional 4-Plex Investment Opportunity in a High-Demand Rental Community Discover this 4-unit income property perfectly situated in a quiet, desirable neighbourhood known for strong rental demand. This versatile building features three 1-bedroom units and one spacious 3-bedroom unit, offering a solid mix for long-term cash flow and tenant appeal. Property Highlights: 4 Total Units: • (3) One-Bedroom Units • (1) Three-Bedroom Unit with In-Unit Laundry Current Income: • Two units are already rented, providing immediate revenue. • One unit has been refreshed and is ready for a new tenant. • One unit requires some work before renting, offering the opportunity to customize and increase future rental potential. Tenant Amenities: • Onsite shared laundry • Dedicated tenant storage spaces Location Advantages: • Quiet, established residential area • Highly sought-after by renters • Close to amenities, transit, and community services Whether you're expanding your portfolio or stepping into multifamily ownership, this 4-plex provides both stable returns and value-add potential. A rare opportunity in a rental market with consistently strong demand.
Property Details
Interior Details
Basement
Crawl space
Heating
Baseboard heaters
Living Area
3800 sqft
Building & Exterior
Building Features
Laundry Facility
Exterior Features
Siding
Parking Features
Gravel
Stories
2.0
Year Built
1945
Land & Location
City Region
Chapleau
Frontage Length
50.0
Parcel Number
730950038
Postal Code
P0M1K0
Utilities & Services
Utilities
Electricity, Cable, Telephone
Listing & Financials
Listing Office
Exit Realty True North
Originating System Name
Sault Ste. Marie Real Estate Board
Other Specifications
Country
Canada
Listed By
Exit Realty True North
Mortgage Calculator
Estimated Monthly Payment
$1,469
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,469
Principal and interest only. Actual rates may vary.