$ 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
Active
8 PELHAM RD St. Catharines, ON L2S 1P9
3 Baths
1,688 SqFt
UPDATED:
11/07/2024 10:08 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $396
MLS Listing ID X9415011
Annual Tax Amount $3,100
Tax Year 2022
Property Description
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.
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
State ON
County Niagara
Community Public Transit
Area 458 - Western Hill
Rooms
Basement Unfinished, Crawl Space
Kitchen 0
Ensuite Laundry Other
Interior
Laundry Location Other
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage Private Double
Garage Spaces 2.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 2
Building
Foundation Other
New Construction false
Others
Security Features Carbon Monoxide Detectors
Listed by REVEL Realty Inc., Brokerage