$669,000

Investment For Sale In Old Western Hill, St. Catharines (458 - Western Hill), Ontario

$669,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Heating Type: Radiant heat
  • Cooling Type: Wall unit

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 118.0 Feet
  • Lot Frontage: 56.0 Feet
  • Lot Size: 56 x 118 FT
  • Zoning: M1
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 2

Courtesy of: REVEL Realty Inc., Brokerage

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.