For Sale

8 PELHAM Road, St. Catharines (458 - Western Hill), Ontario L2S1P9

$669,000

8 PELHAM Road, St. Catharines (458 - Western Hill), Ontario L2S1P9 is For Sale and has a listing price of 669,000. The property is located in the Old Western Hill neighbourhood. It's been on the website for 39 Days.

  • Business
    Property Type
  • Triplex
    Building Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Detached Garage
    Parking
  • 2
    Parking Spaces
  • MLS ID: X9415011
  • Office Name REVEL Realty Inc., Brokerage,REVEL Realty Inc., Br
Property Description

Investment Opportunity: Triplex with Expansion Potential in Prime St. Catharines LocationrnAttention 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:43137)

Property Details
  • Bedrooms: 5
  • MLS ID: X9415011
  • Bathrooms: 3
  • Price: $669,000
  • Transaction Types: For Sale
  • Ref ID: 27514548
  • Year Built: N/A
  • Building Type: Triplex
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/07/2024 X9415011 $669,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Old Western Hill
  • $786,813 Average List Price
    based on 1 year
  • 17 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.84 % Up
  • Sold (12mo) 36
  • Rented (12mo) 16

  • 1 Month Change -30.9%
  • 3 Month Change -27.3%
  • 6 Month Change +6.3%
Walkscore
Property Type Distribution
  • All Houses
    91.02%
  • Commercial
    6.05%
  • Condo
    2.73%
  • Land for Sale
    0.2%
Additional Details
  • Sewers Sanitary Sewer
  • Basement2 Crawl Space (unfinished)
  • Heating System Radiant Heat
  • Water Municipal Water
  • Exterior Vinyl Siding
  • Cooling System Wall Unit
  • Total Parking Spaces: 2
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 07/10/2024 00:00:00
  • Zoning R-5
  • Agent Name: Phyllis De Prophetis,Dennis Deprophetis
  • Address Subdivision: 458 - Western Hill
  • Last Updated: 13/11/2024 03:50:34
Open House Dates
  • 1. 16/11/2024 (Start time: 2:30 PM - End time: 4:30 PM)
  • 2. 17/11/2024 (Start time: 2:00 AM - End time: 4:00 PM)
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