8 PELHAM RD Active

St. Catharines,ON L2S 1P9

$ 669000

5 Beds

3 Baths

- SqFt


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

Total Parking Spaces 2

Building

Foundation Other

New Construction false

Others

Security Features Carbon Monoxide Detectors

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