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.
8 PELHAM Road
458 - Western Hill, St. Catharines, Niagara $639,000Make an offer
5 Beds
3 Baths
1500-2000 sqft
Detached
Garage
Parking for 2
West Facing
Zoning: M1
- MLS®#:
- X12176472
- Property Type:
- Multiplex
- Property Style:
- 1 1/2 Storey
- Area:
- Niagara
- Community:
- 458 - Western Hill
- Taxes:
- $3,100 / 2024
- Added:
- May 27 2025
- Lot Frontage:
- 56
- Lot Depth:
- 118
- Status:
- Active
- Outside:
- Vinyl Siding
- Year Built:
- Basement:
- Crawl Space
- Brokerage:
- REVEL Realty Inc., Brokerage
- Lot :
-
118
56
- Intersection:
- Pelham & St. Paul W
- Rooms:
- Bedrooms:
- 5
- Bathrooms:
- 3
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Wall Unit(s)
- Heating Type:
- Radiant
- Heating Fuel:
Listing Details
Insights
- Strong Income Potential: This fully tenanted triplex generates immediate rental income with two 1-bedroom units and one 3-bedroom unit, making it an attractive option for investors seeking stable cash flow.
- Expansion Opportunities: The property has city-approved plans for expansion, allowing for the addition of 4 more units, which could significantly increase its value and rental income potential.
- Prime Location: Located just steps from the vibrant downtown core of St. Catharines, this property benefits from high demand and growth potential, making it a strategic investment in a thriving area.
Sale/Lease History of 8 PELHAM Road
View all past sales, leases, and listings of the property at 8 PELHAM Road.Neighbourhood
Schools, amenities, travel times, and market trends near 8 PELHAM RoadSchools
6 public & 4 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.
Parks & Rec
3 ball diamonds, 3 trails and 4 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 1 min walk away. Rail transit stop less than 1 km away.
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458 - Western Hill home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 458 - Western Hill
Insights for 8 PELHAM Road
View the highest and lowest priced active homes, recent sales on the same street and postal code as 8 PELHAM Road, and upcoming open houses this weekend.
Active Comparisons
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Sold Comparisons
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