Size
-
Lot size
6608 sqft
Street frontage
-
Possession
-
Price per sqft
$335 - $446
Taxes
$3,100 (2024)
Parking Type
-
Style
1 1/2 Storey
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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.
Broker: REVEL Realty Inc., Brokerage
MLS®#: X11971607
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
1 1/2 Storey
MLS Size:
1500-2000 sqft
Lot front:
56 Ft
Lot depth:
118 Ft
Listed on:
Feb 13, 2025
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Instant estimate:
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$34,975
lower than listed pricei
High
$646,706
Mid
$634,025
Low
$599,581
