8 Pelham Road

8 Pelham Road
8 Pelham Road
8 Pelham Road
+10
5
 bed
3
 bath
2
 parking
1688 - 1688
 sqft
For Sale
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88 days
 on site
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$679,900
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Size
-
Lot size
613.9 sqm
Street frontage
-
Possession
-
Price per sqm
$4,331
Taxes
$3,100 (2022)
Parking Type
Detached Garage
Style
-
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Description
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines!
Broker: REVEL Realty Inc., Brokerage
MLS®#: 40520719
Property details
Parking:
2
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Radiant
Style:
-
MLS Size:
157 sqm
Lot front:
17.07 M
Lot depth:
35.97 M
Listed on:
Dec 8, 2023
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About 8 Pelham Road

8 Pelham Road is a St. Catharines triplex for sale. It was listed at $679900 in December 2023 and has 5 beds and 3 bathrooms.

Nearby restaurants are few and far between. If you love coffee, you're not too far from Tim Hortons located at 211 Louth St. Groceries can be found at Real Canadian Superstore which is a 14-minute walk and you'll find Glenridge Pharmacy a 12-minute walk as well. 8 Pelham Rd, St. Catharines is a 11-minute walk from great parks like Montebello Park, Mel Swart Lake Gibson Conservation Park and Charles Daley Park.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Gabor Hess
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40520719
Listed by REVEL Realty Inc., Brokerage