Rachel Stempski

Broker


LOADING

8 Pelham Road St. Catharines (458 - Western Hill), Ontario L2S 1P9

5 Bedroom 3 Bathroom
Wall Unit Radiant Heat

$669,000

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:50705)

Property Details

MLS® Number X10432791
Property Type Multi-family
Community Name 458 - Western Hill
Parking Space Total 2

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Cooling Type Wall Unit
Exterior Finish Vinyl Siding
Heating Type Radiant Heat
Stories Total 2
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 118 Ft
Size Frontage 56 Ft
Size Irregular 56 X 118 Ft
Size Total Text 56 X 118 Ft|under 1/2 Acre
Zoning Description M1

https://www.realtor.ca/real-estate/27669700/8-pelham-road-st-catharines-458-western-hill-458-western-hill

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Phyllis De Prophetis
Broker

(905) 357-1700
Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
www.revelrealty.ca/

Dennis Deprophetis
Salesperson

(905) 357-1700
Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
revelrealty.ca/

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December 05 2024 04:53:56

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Revel Realty Inc., Brokerage

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Rachel Stempski

Broker

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Not intended to solicit properties currently listed for sale. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. I am a Sales Representative licensed to trade in residential and commercial real estate in Ontario. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.