LOADING

8 Pelham Road St. Catharines, Ontario L2S 1P9

5 Bedroom 3 Bathroom 1500 - 2000 sqft
Wall Unit Radiant Heat

$649,000

Attention Investors! Turn-Key Triplex with Expansion Potential in Prime St. Catharines Location! Welcome to 8 Pelham Road, a rare investment opportunity offering immediate cash flow and future growth potential. This fully tenanted triplex features two 1-bedroom units and one spacious 3-bedroom unit, providing stable rental income from day one. What truly sets this property apart is its expansion potential, allowing for the addition of four more units - creating a total 7-unit complex and significantly increasing long-term value and returns. Ideally situated just steps from the vibrant downtown core, this location attracts strong tenant demand with easy access to transit, shopping, restaurants, and amenities. Major updates have already been completed, including a new boiler (2023), roof (2020), and recent updates to all interiors, making this a low-maintenance, investor-friendly asset. Whether you're expanding your portfolio, entering the multi-residential market, or looking for a property with serious upside, this is a rare opportunity to secure a high-potential investment in one of St. Catharines' growing neighbourhoods. (id:61445)

Property Details

MLS® Number X12829370
Property Type Multi-family
Community Name 458 - Western Hill
ParkingSpaceTotal 2

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsTotal 5
BasementType Crawl Space
CoolingType Wall Unit
ExteriorFinish Vinyl Siding
HeatingFuel Other
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Other
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 118 Ft
SizeFrontage 56 Ft
SizeIrregular 56 X 118 Ft
SizeTotalText 56 X 118 Ft
ZoningDescription M1

https://www.realtor.ca/real-estate/29410148/8-pelham-road-st-catharines-western-hill-458-western-hill

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Phyllis De Prophetis
Broker


Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5

Dennis Deprophetis
Salesperson


Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H 1H5

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