8 PELHAM RD Active Save Request In-Person Tour Request Virtual Tour
St. Catharines,ON L2S 1P9
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 458 - Western Hill
MLS Listing ID X11971607
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $3,100
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Niagara
Community 458 - Western Hill
Area Niagara
Zoning M1
Rooms
Family Room No
Basement Crawl Space
Kitchen 3
Interior
Interior Features None
Cooling Wall Unit(s)
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 56.0
Lot Depth 118.0
Total Parking Spaces 2
Building
Foundation Other
New Construction false
Others
Senior Community Yes
Security Features Carbon Monoxide Detectors