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$ 649,000
Est. payment /mo
New
8 PELHAM RD St. Catharines, ON L2S 1P9
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 458 - Western Hill
MLS Listing ID X13503250
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $3,675
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Attention Investors! Turn-Key Triplex with Expansion Potential in Prime St. Catharines Location! Welcome to 8 Pelham Road, a rare investment opportunity offering immediate cash flow and future growth potential. This fully tenanted triplex features two 1-bedroom units and one spacious 3-bedroom unit, providing stable rental income from day one. What truly sets this property apart is its expansion potential, allowing for the addition of four more units - creating a total 7-unit complex and significantly increasing long-term value and returns. Ideally situated just steps from the vibrant downtown core, this location attracts strong tenant demand with easy access to transit, shopping, restaurants, and amenities. Major updates have already been completed, including a new boiler (2023), roof (2020), and recent updates to all interiors, making this a low-maintenance, investor-friendly asset. Whether you're expanding your portfolio, entering the multi-residential market, or looking for a property with serious upside, this is a rare opportunity to secure a high-potential investment in one of St. Catharines' growing neighbourhoods.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Crawl Space
Kitchen 3
Interior
Interior Features None
Cooling Wall Unit(s)
Fireplace No
Heat Source Other
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 56.0
Lot Depth 118.0
Total Parking Spaces 2
Building
Foundation Other
New Construction false
Others
Security Features Carbon Monoxide Detectors
ParcelsYN No
Listed by REVEL Realty Inc., Brokerage