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162 Martel RD, Chapleau, Ontario, P0M1K0

MLS: SM252094 | Multi-Family

$240,000

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Property Description

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:64974)

Quick Facts

  • Property Type: Multi-Family
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 1,900 sq ft (176.5 m²)
  • Year Built: 1950
  • Attached: Yes
  • Frontage: 49 ft (14.9 m)

Costs

  • Annual Taxes: $1,980.04

Listing Provided by: Exit Realty True North
Board: Sault Ste. Marie Real Estate Board
Data provided via CREA DDF®.

Detailed Features

📋 Revisions Available 2 changes▼ Click to expand

Interior & Systems

  • Heating: Baseboard heaters
  • Basement: Partial, Crawl space
  • Utilities: Electricity, Cable, Telephone

Exterior & Construction

  • Exterior: Siding
  • Sewer: Septic System
  • Water: Drilled Well

Lot & Land

  • Frontage: 49 ft (14.9 m)

Community & Neighbourhood

  • Neighbourhood: Chapleau

Listing Information

MLS® NumberSM252094
BoardSault Ste. Marie
Originating SystemSault Ste. Marie Real Estate Board
BrokerageExit Realty True North
Date ListedJuly 29, 2025
Last UpdatedFebruary 11, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 162 Martel RD, Chapleau, Ontario, P0M1K0

DateDays on MarketPriceEventListing ID
🔄2/11/2026196Status ChangedSM252094
7/29/20250$240,000For SaleSM252094
7/29/20250$240,000ListedSM252094

Location & Neighborhood

📍162 Martel RD, Chapleau, Ontario, P0M1K0
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