$639,000
PRICE
5
BEDROOMS
3
BATHROOMS
X12176472
MLSID
8 Pelham Road, St. Catharines
Attention savvy investors! Investment Opportunity! Triplex with Expansion Potential in Prime St. Catharines Location. 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. Financial statement available.
Summary
Address
8 Pelham Road
City
Community
Street
MLSID
X12176472
Property Type
Multiplex
Property Category
Bedrooms
5
Bathrooms
3
Kitchens
3
Zoning
M1
Taxes (Annual)
$3,100.00
Tax Year
2024
Published
May 27, 2025
Days on Market
34 Days
Possession Type
30-59 Days
Possession Details
Flexible
Details
Security Features
Carbon Monoxide Detectors
Parking Spaces
2
Parking Total
2
Architectural Style
1 1/2 Storey
Lot Width
56 Feet
Lot Depth
118 Feet
Water
Municipal
Heat Source
Other
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Listing Contracted with REVEL Realty Inc., Brokerage