Jag Patel
Broker
$669,000
Available - For Sale
Listing ID: X8235882
8 Pelham Rd East , St. Catharines, L2S 1P9, Ontario
| 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! |
| Price | $669,000 |
| Taxes: | $3200.00 |
| Address: | 8 Pelham Rd East , St. Catharines, L2S 1P9, Ontario |
| Lot Size: | 56.00 x 118.00 (Feet) |
| Directions/Cross Streets: | Pelham & St. Paul W |
| Rooms: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | |
| Kitchens: | 3 |
| Family Room: | Y |
| Basement: | Crawl Space, None |
| Property Type: | Triplex |
| Style: | 1 1/2 Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Fireplace/Stove: | N |
| Heat Source: | Other |
| Heat Type: | Radiant |
| Central Air Conditioning: | Window Unit |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Style: | 1 1/2 Storey |
| Lot Size: | 56.00 x 118.00(Feet) |
| Tax: | $3,200 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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