Added 1 month ago
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Type: Multiplex
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Style: 2-Storey
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Lot Size: 56 x 118 Feet
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Age: No Data
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Taxes: $3,100 per year
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Days on Site: 20 Days
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Added: Nov 15, 2024 (1 month ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X10432791
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Listed By: Revel realty inc., brokerage
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.
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Property
Status: Sale
Property Type: Multiplex
Style: 2-Storey
Area: St. Catharines
Community: 458 - Western Hill
Availability Date: flexible
Inside
Bedrooms: 5
Bathrooms: 3
Kitchens: 3
Rooms: 10
Den/Family Room: No
Air Conditioning: Wall Unit
Fireplace: No
Washrooms: 3
Building
Basement: Crawl Space
Basement 2: Unfinished
Heat Type: Radiant
Heat Source: Other
Exterior: Vinyl Siding
Elevator: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Pvt Double
Garage Spaces: 1
Garage Type: Detached
Covered Parking Spaces: 2
Total Parking Spaces: 2
Fees
Tax Year: 2023
Tax Legal Description: LT 2120 CP PL 2 CITY OF ST. CATHARINES
Taxes: $3,100
Land
Cross Street: Pelham & St. Paul W
Municipality District: St. Catharines
Fronting On: West
Parcel Number: 461780016
Pool: None
Sewer: Sewers
Lot Depth: 118 Feet
Lot Frontage: 56 Feet
Acres: < .50
Zoning: M1
Car-Dependent
- Most errands require a car.
Some Transit
- Most errands require a car.
Very Bikeable
- Most errands can be accomplished on bike.
St Nicholas Catholic Elementary School
Elementary: CatholicDSBN Academy
Elementary: PublicOakridge Public School
Elementary: PublicEdith Cavell Public School
Elementary: PublicWestdale Public School
Elementary: PublicSt Anthony Catholic Elementary School
Elementary: CatholicDSBN Academy
Secondary: PublicSt Catharines Collegiate Institute and Vocational School
Secondary: PublicLaura Secord Secondary School
Secondary: PublicEden High School
Secondary: PublicSir Winston Churchill Secondary School
Secondary: PublicDenis Morris Catholic High School
Secondary: Catholic-
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