Gurvinder Nokwal REALTOR®
For Sale Multiplex 300 days on market

$225,000 ↓ $74,000 from $299,000

Est. payment $996/moCalculate yours

26 Connaught Street, Chapleau, ON P0M 1K0

Chapleau, ON P0M 1K0

  • 3,800 Sq Ft
Map

Listing courtesy of Exit Realty True North MLS® X13886990

About this home

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

Overview

Property Type
Multiplex
For
For Sale
Status
Price Change
Size
3,800 sqft

Interior

Basement
Crawl Space

Building & Systems

Heating
Baseboard (Electric)
Cooling
Other
Exterior
Unknown
Foundation
Other
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 120 Feet
Parking
None garage
Zoning
R2

Financial

Property Taxes
$1,793 (2025)

Location

Direction Faces
East

Listing

MLS® Number
X13886990
Days on Market
300
Listed On
2025-12-22
Listed By
Exit Realty True North

Features

Interior

  • Other

Community

  • Golf
  • Park

Pool

  • None
Included
Unit 1 washer, dryer, fridge, stove Unit 2 fridge, stove Unit 3 fridge, stove Unit 4 fridge, stove
Excluded
Tenants belongings.
Rental items
N/A

Mortgage calculator

Minimum for this price: $11,250 (5%)

Amortization, years

Estimated mortgage payment

$996 per month

Principal and interest
$996
Property tax
$149
Estimated monthly cost
$1,146

Your mortgage

Mortgage amount
$180,000
Mortgage insurance
Not needed
Interest over 25 years
$118,875

Cash to close

Down payment
$45,000
Land transfer tax
$1,975
Total, before legal fees
$46,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

26 Connaught Street, Chapleau, ON P0M 1K0 Chapleau, ON P0M 1K0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$225,000 26 Connaught Street, Chapleau, ON P0M 1K0
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