Size
-
Lot size
613.9 sqm
Street frontage
W
Possession
flexible
Price per sqm
-
Taxes
$3,100 (2023)
Parking Type
Detached Garage
Style
2-Storey
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Description
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.
EXTRAS:
EXTRAS:
Broker: REVEL Realty Inc., Brokerage
MLS®#: X10432791
Property details
Parking:
2
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
-
Lot front:
17.07 M
Lot depth:
35.97 M
Listed on:
Nov 16, 2024
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Instant estimate:
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$34,344
lower than listed pricei
High
$647,349
Mid
$634,656
Low
$600,177
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