8 PELHAM ROAD

St. Catharines (458 - Western Hill), Ontario, L2S1P9, Canada

$669,000

Investment Opportunity: Triplex with Expansion Potential in Prime St. Catharines LocationrnAttention 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.

Last updated on : Tuesday 12th of November 2024 10:50:34 PM

ADDRESS

Street : 8 PELHAM ROAD

City : St. Catharines (458 - Western Hill)

Province : Ontario

Country : Canada

Postal Code : L2S1P9

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PROPERTY SUMMARY

Property ID : X9415011

Property Type : Business

Bedrooms : 5

Bathrooms : 3

Parking : 2

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