$669,000
 $3,591 est/mo Sourced by Back At You

8 Pelham Road , St. Catharines, ON L2S 1P9

St. Catharines, ON L2S 1P9

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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.

Details

MLS#40659252
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site32
Listing Provided ByREVEL Realty Inc., Brokerage | Phyllis De Prophetis

Features

Bed(s)5
Bath(s)3
SQ Feet1,688
Garage1
BasementY
Story(s)2
Units3
ZoningM1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2S 1P9
AreaSt. Catharines
Subarea458 Western Hill
Community Name458 Western Hill
Listing VS Median (in 458 Western Hill)
Price:
$669,000
low | high
Med:
$537,450
69.663677130045% of Average
SqFt:
1,688
low | high
Med:
1,378
68.394549763033% of Average
$ / SqFt:
$396
low | high
Med:
$391
51.271063053491% of Average
On Site:
32
low | high
Med:
27.000000
100% of Average
Sourced by Back At You
Listing Updated: October 7, 2024 at 6:26:46 PM PDT