55 Pelham St

Nestled in the Heart of St. Catharines, 191-193 Church St presents a prime investment opportunity. This 8-unit multi-residential building sits on a 0.11-acre lot. With a mix of 6 one-bedroom and 2 two-bedroom units, the property caters to a diverse range of residents, from singles to small families. Located on the North side of Church St, just east of Niagara St, residents enjoy convenient access to St. Catharines' vibrant downtown, public transit and major highways.

Investor Alert! Fantastic, Turn-key LEGAL TRIPLEX with 3 hydro meters. CASHFLOW Positive! Fully tenanted with great tenants. Unit mix is 2 x 1 bedroom units and 1 x 2 bedroom unit. Tons of parking out back (4+ cars). Nothing to do but close and start collecting rent! Gross rents of ~$45,000 annually.

Welcome to your ideal cash flow positive investment opportunity! This turnkey 2-unit property boasts recent renovations and is located in the heart of St. Catharines!. Offering hassle-free ownership for income generation and/or savvy house hacking. Live in one unit, rent out the other, and watch your investment grow. Perfectly situated for homeowners or tenants with easy access to major cities in the Golden Horseshoe. Don't miss out on this prime real estate gem! The main unit is a 2 bedroom, 1 bathroom fully updated turn-key unit with market potential rent of $2100 plus utilities. The upper unit is a cozy 2 bedroom 1 bathroom fully updated unit with market potential rent of $1650 plus utilities. Separate hydrometers. Long list of updates including fire safety with fire separation between units, safe and sound insulation, resilient channel, Type X drywall, Sonopan soundproofing, and interconnected smoke alarms. Roof, Windows, Plumbing, Siding, Electrical, Furnace approx. 2014. A/C and Tankless HWH - 2021

***Total Gross Annual Income: $111,480*** TURNKEY INVESTMENT PROPERTY OPPORTUNITY!!! Fabulous Mixed-Use Commercial Property near vibrant Downtown core of St. Catharines has 6 RESIDENTIAL APTS & 1 RETAIL STOREFRONT! This building has been fully renovated & upgraded in so many ways - BRAND NEW Electrical, Plumbing, Vinyl Flooring, LED Pot Lights, Flat Roof, Exterior Painting, Hot Water Tank/Tankless Heater (owned, NTI Brand, $12,000 value!) and certified FIRE SAFETY PLAN with Exit Signs, Fire Doors & Smoke/CO2 Detectors. *5 Parking spots at Rear included! 3 apts fully reno'd in 2024 & 1 apt reno'd in 2021: Stunning contemporary Kitchens w/ new Stainless Steel appliances & custom tiled Bathrooms (Windows replaced on Units 2 & 6). 3 apts are already tenanted! Main level Retail space is spacious clean 443sqft + includes 688sqft of basement storage & bathroom, and amazing street signage area. Building is Roughed-in for Shared Basement Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) High-traffic area has great exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential!