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$225,000
Chapleau
Chapleau, Ontario, P0M1K0
This multi-family property in Chapleau is for sale offering roughly 3,800 sq ft of space.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 317 days on market, against an average age of 121 days across the listings currently for sale in this city
This multi-family in Chapleau is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $225,000, about 2.6× the local median household income of $86,000.
Carrying it typically needs a household income of about $43,950 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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