8 Pelham Road , St. Catharines (458 - Western Hi, ON L2S1P9
St. Catharines (458 - Western Hi, ON L2S1P9
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. (id:13843)
Details
| MLS# | X11971607 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Days On Site | 65 |
| Listing Provided By | REVEL Realty Inc., Brokerage | Phyllis De Prophetis |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| Basement | Y |
| Story(s) | 1 |
| Zoning | M1 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Catharines (458 - Western Hi |
| Postal Code | L2S1P9 |
| Listing VS Median (In L2S1P9) | |
Price: $669,000 low | high Med: $0 On site: 65 low | high Med: | |