8 PELHAM Road Image 1

$669,000

Feb 13Multiplex For Sale
bedrooms5bed
washrooms8bath
MLS - #X11971607

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

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Average Price
66900000.0%
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Price Comparison

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Property Description

Property type

Multiplex

Lot size

N/A

Style

1 1/2 Storey

Approx. Area

N/A

About 8 PELHAM Road

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.

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Crawl Space

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by REVEL Realty Inc., Brokerage

Additional Details

Basement:Crawl Space
Cooling:Wall Unit(s)
Heating:Radiant
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2555.13/ month
$535,200 Principal and Interest
$642,240 Property Taxes

Location

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Walk Score for 8 PELHAM Road

Some information about this property - PELHAM Road

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