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Johnston & Daniel Real Estate
477 Mount Pleasant Rd
Toronto, ON
M4S 2L9
(View Map)
8 Pelham Road E St. Catharines, Ontario L2S 1P9
5 Bedroom
3 Bathroom
Window Air Conditioner
Radiant Heat
$669,000
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines! (id:51860)
Property Details
| MLS® Number | X8235882 |
| Property Type | Single Family |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Type | Crawl Space |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 56 X 118 Ft |
| Size Total Text | 56 X 118 Ft |
https://www.realtor.ca/real-estate/26753440/8-pelham-road-e-st-catharines
Rosalin Smith-Carr, B.Sc.
Sales Representative
(416) 409-6896
Interested in this property?
Call/text me at (416) 409-6896 or complete the form below to send me an email. I can provide you with additional information about this listing and/or arrange a private viewing.Calculate Mortgage Payments
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May 14 2024 05:30:44
Toronto Real Estate Board
Revel Realty Inc.
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