Primary photo of 26 Connaught ST, Chapleau
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Multi-Family For Sale

$299,000

26 Connaught ST

MLS® Number: SM253512

Floor Area

3,800

Year Built

1945

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

Mortgage Calculator

20% ($59,800)
5.5%
25 Years

Estimated Monthly Payment

$1,469

Principal and interest only. Actual rates may vary.

Location & Map

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