Unknown for 8 PELHAM Rd, St. Catharines Ontario L2S 1P9
13 hours on Market

8 PELHAM Rd, St. Catharines, Ontario L2S 1P9

Townhouse
5
3
~1500-2000 sqft
$679,900
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Townhouse
5
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market13 hours

Estimated valueNot available

Price/Sqft$396/sqft

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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. Financial statements available upon request.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,608 SqFt(118 x 56)
Parking Spaces2
MLS ®NumberX12829370
Community NameOld Western Hill
Data SourceTRREB
Listing byREVEL Realty Inc., Brokerage

Features

Heating: Radiant
Cooling: Wall Unit
Basement: Crawl Space

Features

Lot size: 6,608 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 1

Total parking spaces 2


Property listed by REVEL Realty Inc., Brokerage, Brokerage
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Population and Demographics

Overview

Total population 5431
Average household income $97,541

Age (%)

0 to 19
23%
20 to 34
25%
35 to 49
18%
50 to 64
20%
65 and plus
15%

Household composition (%)

Single family
60%
Single person
32%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Spanish
2%
French
2%
Arabic
2%
Mandarin
2%

House tenancy (%)

Owners
60%
Renters
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget