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Royal LePage
Royal LePage
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$250,000

Chapleau ON, P0M 1K0

MLS® # SM252094

Property Information:

Income Opportunity! This unique property features two homes on one generous-sized lot, offering excellent potential for rental income, multi-generational living, or live-in-one-rent-the-other flexibility. The larger home has been converted into two spacious one-bedroom apartments, but could easily be returned to a single-family residence if desired. Each unit offers comfortable living spaces with plenty of natural light. The second home is a charming one-bedroom, one-bath cottage, ideal for a tenant, guest house, or cozy personal retreat. Major updates include a 2024 septic system, newer windows, siding, and shingles, adding peace of mind and long-term value. A garage provides additional storage or parking. Whether you're an investor or a homeowner looking for extra income, this property is a rare find with so many possibilities. Don’t miss your chance—book your showing today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Type: Crawl space, Partial
  • Exterior Finish: Siding
  • Floor Space: 1900 sqft
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Golf Course, Park
  • Built in: 1950
  • Communication Type: High Speed Internet
  • Floor Space (approx): 1900 Square Feet
  • Lot Frontage: 49
  • Structure Type: Workshop
  • Utility Type: Hydro - Available, Cable - Available, Telephone - Available
  • Sewer: Septic System
  • Parking Type: Gravel

Courtesy of: Exit Realty True North

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 162 Martel RD, Chapleau, Ontario, P0M 1K0

Demographic Information of 162 Martel RD, Chapleau, Ontario, P0M 1K0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$81,909.84

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.66 %

High school certificate or equivalent

28.9 %

Apprenticeship trade certificate/diploma

7.59 %

College/non-university certificate

30.03 %

University Degree

9.82 %

Commuter

Travel To Work

By Car

85.46 %

By Public Transit

0.0 %

By Walking

14.54 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.55 %

Houses

95.45 %

Own Vs. Rent

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