For Sale: 162 Martel Road, Chapleau, ON - REW
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$230,000
0 bd • ba • 1900 sf • Multifamily
162 Martel Road
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$230,000
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162 Martel RdChapleau, ON, P0M 1K0

  • 0 Bed
  • Bath
  • 1900 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Tracey Wetzl, Salesperson, Exit Realty True North

Home facts and features

Price details
List Price
$230,000
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Gross Taxes for 2026
$1,980
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Gravel
Property Type
Multifamily
Depth
Frontage
49.0
Year Built
Built in 1950 (76 yrs old)
Exterior Finish
Siding
Heating Type
Baseboard heaters
Basement Details
Partial, Crawl space
Agent details
Primary Agent
Tracey Wetzl
Primary Broker
Exit Realty True North
Listing details
Days on REW
21 Days
Property Views
22
MLS® Number
SM261034
Source
Canadian Real Estate Association
Board
Sault Ste. Marie Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Chapleau High School
  • Public
  • 7 - 12
École Secondaire Catholique Trillium
  • Catholic
  • 7 - 12
Chapleau Public School
  • Public
  • JK - 8
É Sép Sacré-Coeur
  • Catholic
  • JK - 6
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      Salesperson
      Tracey Wetzl
      Office:
      705-942-6500
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      By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.