5 Beds 3 Bath

8 PELHAM Road, St. Catharines, ON L2S 1P9

St. Catharines L2S 1P9 Ontario

MLS: X11971607

$669,000

Added 36 days ago | For Sale

Listed by: REVEL Realty Inc., Brokerage

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:3
  • Land Size: 56 X 118
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:Pelham & St. Paul W
  • Basement:Crawl Space , Crawl Space
  • Possession Date:Flexible
  • Annual Property taxes: $3100
  • Bedrooms:5
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X11971607

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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