$ 669.000

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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Nearby Places

Name
Type
Address
Distance
Ridley College
School
2 Ridley Road
0.7 km
Montebello Park
Park
64 Ontario St
1.2 km
St Catharines
Locality
St Catharines
1.3 km
Gatorade Garden City Complex
Stadium
8 Gale Crescent
1.7 km
Sir Winston Churchill Secondary School
School
101 Glen Morris Dr
1.8 km
The Pen Centre
Shopping mall
221 Glendale Ave
2.7 km
Brock University
University
500 Glenridge Avenue
3.4 km
Short Hills Provincial Park
Park
Thorold
6.1 km
Kilt & Clover
Restaurant
17 Lock St
6.2 km
Holy Cross Catholic Secondary School
School
460 Linwell Rd
6.6 km
Ball's Falls Conservation Area
Park
3296 Sixth Ave
11.1 km
Westlane Secondary School
School
5960 Pitton Rd
11.8 km
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PHYLLIS DE PROPHETIS
  • PHYLLIS DE PROPHETIS
  • REVEL Realty Inc., Brokerage
  • 905-380-4338
  • WebSite