$285,000
FOR SALE

Multiplex

26 Connaught St
Chapleau, ON P0M 1K0

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. (id:47421)
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Listed By Exit Realty True North
Data Provided By Sault Ste. Marie Real Estate Board
MLS® Listing Number SM253512
Last Updated Mar 23, 2026
Property Summary
Property Type Multiplex

More like this:
Community Chapleau
Price History

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Detailed Information
Amenities Nearby Golf Course, Park, Walking Trails
Communication Type High Speed Internet
Listing Contract Date 2025-12-22
Municipal ID 730950038
Property Type Multi-family
Structures Workshop
Transaction Type For sale
Building
Amenities Laundry Facility
Basement Type Crawl space
Constructed Date 1945
Exterior Finish Siding
Heating Type Baseboard heaters
Stories Total 2
Type Multi-Family
Utility Water Municipal water
Parking Spaces
Name Spaces
Gravel
Utilities
Type Description
CableAvailable
ElectricityAvailable
TelephoneAvailable
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Golf Course, Park, Walking Trails
Sewer Municipal sewage system

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