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:51158)
MLS# X10432791 – FOR SALE : 8 Pelham Road 458 – Western Hill St. Catharines (458 – Western Hill) – 5 Beds, 3 Baths Triplex ** 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:51158) ** 8 Pelham Road 458 – Western Hill St. Catharines (458 – Western Hill) **
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Property Details
MLS® Number
|
X10432791 |
Property Type
|
Single Family |
Community Name
|
458 - Western Hill |
Parking Space Total
|
2 |
About 8 Pelham Road, St. Catharines (458 - Western Hill), Ontario
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
|
Triplex |
Utility Water
|
Municipal Water |
Parking
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