26 Connaught ST
Chapleau, Ontario
Multi-family
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.
Price History
Schools
Elementary
- École élémentaire Sacré-Coeur0.3 km
French Catholic · CSDC du Nouvel-Ontario · 90 students
Grade 3 reading: 27% met the provincial standard
- Our Lady of Fatima Catholic School0.3 km
Catholic · Huron-Superior CDSB · 55 students
- Chapleau Public School0.6 km
Public · Algoma DSB · 100 students
Secondary
- Chapleau High School1 km
Public · Algoma DSB · 65 students
Grade 10 literacy: 56% met the provincial standard
- École secondaire catholique Trillium1.2 km
French Catholic · CSDC du Nouvel-Ontario
Grade 10 literacy: 82% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0M
- Population
- 49,727
- Private dwellings
- 24,862
- Median age
- 46.8
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Chapleau · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Chapleau over the last 12 months.
Location
Mortgage Calculator
$55,000
Estimated Monthly Payment
$1,351
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,351/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $69/mo
Estimates only. Consult a financial advisor.
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