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.
Address
8 Pelham Road
List Price
$679,900
MLS® Status
New
Expiration Date
2026-06-27
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
St. Catharines
Sub-Area
458 - Western Hill
Region
Niagara
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
11
Bathrooms
3
Floor Area
1500-2000 Sq. Ft.
Lot Depth
118
Lot Size Units
Feet
Lot Width
56
Parcel Number
461780016
Occupant Type
Tenant
Cross Street
Pelham & St. Paul W
MLS® Number
X12829370
Listing Brokerage
REVEL Realty Inc., Brokerage
Basement Area
Crawl Space
Postal Code
L2S 1P9
Posession Details
flexible
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$3,500.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Source
Other
Heat Type
Radiant
Cooling Features
Wall Unit(s)
New Construction
No
Construction Materials
Vinyl Siding
Direction Faces
West
Fireplace
No
Foundation Details
Other
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 2120 CP PL 2 CITY OF ST. CATHARINES
Security Features
Carbon Monoxide Detectors
Waterfront
No
Sewer
Sewer
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