8 PELHAM Road, St. Catharines (Western Hill), ON L2S1P9
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Listing Type
Multi Family
Listing Status
Active
12
$679,900
Home Details for 8 PELHAM Road
Price
$679,900
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
NaN
Parking
Detached
Days on site
1
Listing #
X12829370
Property Description
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. Financial statements available upon request. (id:31684)
Property Features
Cooling Information
Wall Unit(s)
Heating Information
Radiant
Parking
Detached
Listing Courtesy: REVEL Realty Inc., Brokerage
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Market statistics compiled from data from Canadian Real Estate Association.