458 - Western Hill / St. Catharines, ON L2S 1P9
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.
TRREB MLS® Attribution
MLS® X13503250
Listed by REVEL Realty Inc., Brokerage
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,169
/month · $519,200 mortgage
Amortization
Total Interest
$431,546
Total Cost
$950,746
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
REVEL Realty Inc., Brokerage