8 Pelham Road, St Catharines
- Bedrooms: 5
- Bathrooms: 3
- Living area: 1688 square feet
- Type: Townhouse
- Added: 29 days ago
- Updated: 28 days ago
- Last Checked: 14 hours ago
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:1945)
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Property Details
- Cooling: Wall unit
- Heating: Radiant heat
- Stories: 2
- Structure Type: Triplex
- Exterior Features: Vinyl siding
Interior Features
- Basement: Unfinished, Crawl space
- Living Area: 1688
- Bedrooms Total: 5
- Above Grade Finished Area: 1688
- Above Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Other
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 2
- Parking Features: Detached Garage
Location & Community
- Directions: Pelham & St. Paul W
- Common Interest: Freehold
- Subdivision Name: 458 - Western Hill
- Community Features: School Bus
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Annual Amount: 3100
- Zoning Description: M1
Additional Features
- Number Of Units Total: 3
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