7
See all 7 photos
$669,000
Est. payment /mo
5 BD
3 BA
Active
8 PELHAM RD St. Catharines, ON L2S 1P9
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
12/05/2024 04:22 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10432791
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,100
Tax Year 2023
Property Description
RemarksPublic: Investment Opportunity: Triplex with Expansion Potential in Prime St. Catharines Location Attention savvy investors! Discover an exceptional investment at 8 Pelham Rd, St. Catharines. This fully tenanted triplex, featuring 2 x 1-bedroom units and 1 x 3-bedroom unit, offers immediate income and boasts significant upside potential. With city-approved expansion possibilities, this property can accommodate an additional 4 units, transforming it into a 7-unit complex. Strategically located just steps from the vibrant downtown core, it ensures high demand and growth potential. Recent updates include a new boiler (2023), roof (2020), and upgrades in Units 1 and 3. Whether you're seeking stable returns or looking to capitalize on development opportunities, this property is a turn-key investment that positions you to profit from St. Catharines' growing market.
Location
Province ON
County Niagara
Community 458 - Western Hill
Area Niagara
Region 458 - Western Hill
City Region 458 - Western Hill
Rooms
Family Room No
Basement Unfinished, Crawl Space
Kitchen 3
Interior
Interior Features Other
Cooling Wall Unit(s)
Fireplace No
Heat Source Other
Exterior
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Depth 118.0
Total Parking Spaces 2
Building
Foundation Other
New Construction false
Others
Security Features Carbon Monoxide Detectors
Listed by REVEL Realty Inc., Brokerage