$ 669,000
8 PELHAM RD St. Catharines, ON L2S 1P9
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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
$ 669,000
Est. payment /mo
New
8 PELHAM RD St. Catharines, ON L2S 1P9
5 Beds
3 Baths
UPDATED:
11/24/2024 01:05 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
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
Zoning M1
Rooms
Family Room No
Basement Unfinished, Crawl Space
Kitchen 3
Interior
Interior Features Other
Cooling Wall Unit(s)
Exterior
Garage Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 2
Building
Foundation Other
New Construction false
Others
Senior Community Yes
Security Features Carbon Monoxide Detectors
Listed by REVEL Realty Inc., Brokerage