FOR SALE
$599,900
12 CYPRESS, St. Catharines, ON, L2N 4L9
5
2
700-1100
About the Property
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.
Property Details
MLS#:
X12829370
Status:
For Sale
Property Type:
About the Property
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.
Property Details
MLS#:
X12829370
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
5
Heating Fuel:
Radiant
Bathrooms:
3
Heating Type:
Radiant
Parking:
1 Spot
Cross Street:
Pelham & St. Paul W
Basement:
Crawl Space
Multiplex
Central A/C:
No
Bedrooms:
5
Heating Fuel:
Radiant
Bathrooms:
3
Heating Type:
Radiant
Parking:
1 Spot
Cross Street:
Pelham & St. Paul W
Basement:
Crawl Space
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
REVEL Realty Inc., Brokerage
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
REVEL Realty Inc., Brokerage