8 Pelham Road, St. Catharines (458 - Western Hill), Ontario

$669,000

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5

Beds

3

Baths

About 8 Pelham Road

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. (id:36535)

Features of 8 Pelham Road

Listing # X10432791
Price $669,000
Bedrooms 5
Bathrooms 3.00
Acres 0.00
Type Single Family

Community Information

Address 8 Pelham Road
Subdivision 458 - Western Hill
City St. Catharines (458 - Western Hill)
Province Ontario
Postal Code L2S1P9

Amenities

Parking Spaces 2
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Radiant heat
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl siding
Lot Description 56 x 118 FT|under 1/2 acre

Listing Details

OfficeCourtesy Of Phyllis De Prophetis and Dennis Deprophetis Of REVEL Realty Inc., Brokerage

Listing Map