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For Sale

26 Connaught Street

Chapleau, ON
$225,000
0Bd
0Ba
4,250+sqft
50 x 120 ftlot
$53/sqft
MultiplexMLS# X13886990Listed 2025-12-22316 DOM

On the market for 316 days — longer than average. The seller may be open to negotiation.

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.

Features

  • Other
  • Crawl Space

Financials

Annual Taxes
$1,793.16

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield10.7% – 16.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Chapleau

Days on market316 days
Buyer's MarketSeller's Market

Based on active listings in Chapleau. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$225,000
26 Connaught Street, Chapleau
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