332 Highway 129
Chapleau, Ontario
- Other
Discover a rare investment opportunity with this expansive ~78-acre property featuring an established mobile home park. Currently configured with 32 sites, 26 of which are leased, the property offers immediate, stable income with room for growth. This well-located parcel presents significant upside potential, including the opportunity to increase occupancy or explore future development possibilities, subject to town bylaws and approvals. With its substantial land base and existing infrastructure, the property is well-suited for investors, developers, or entrepreneurs seeking a versatile asset with multiple revenue streams. Whether you’re looking to expand a rental portfolio, pursue redevelopment, or capitalize on evolving land use opportunities, this property combines current cash flow with long-term potential. A unique chance to secure a large-scale property with both established operations and future possibilities.
Price History
Schools
Elementary
- École élémentaire catholique Trillium2.1 km
French Catholic · CSDC du Nouvel-Ontario
- Chapleau Public School2.4 km
Public · Algoma DSB · 100 students
- École élémentaire Sacré-Coeur2.5 km
French Catholic · CSDC du Nouvel-Ontario · 90 students
Grade 3 reading: 27% met the provincial standard
Secondary
- École secondaire catholique Trillium2.1 km
French Catholic · CSDC du Nouvel-Ontario
Grade 10 literacy: 82% met the provincial standard
- Chapleau High School2.2 km
Public · Algoma DSB · 65 students
Grade 10 literacy: 56% 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
Other 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 other properties in Chapleau over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$139,800
Estimated Monthly Payment
$3,434
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,434/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.
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