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$3,199,000
Available - For Sale
Listing ID: X8068022
Welcome to Fonthill Flats in downtown Fonthill! This location is as prestigious & prime as you can get downtown Fonthill / Pelham, & the property Commercial & Residential investment buyers usually only dream about! This 6-year young absolute gem of a property boasts a total of 5- 2-bedroom luxury apartments & 2 main-level businesses. First is an award-winning craft brewery/restaurant with a patio, & second is a wonderful retail space fronting the main road. There was no expense spared in the construction of the apartments, all brick & stone exterior with heated aggregate walkways, exquisite cabinetry, cherry oak staircases, high-end appliances, granite countertops, beautiful millwork around windows & doors, tankless water heater, 600v power & so much more! You will be absolutely stunned by this impressive multi-use building & the potential here for many years to come. Nothing needs to be done here & is fully leased with a very healthy cap rate!
Price $3,199,000
Taxes: $9,710.31
Tax Type: Annual
Occupancy by: Tenant
Address: 1421 Pelham St , Pelham, L0S 1E0, Ontario
Postal Code: L0S 1E0
Province/State: Ontario
Lot Size: 40 x 157 (Feet)
Directions/Cross Streets: Hwy 20 E
Zoning: CG
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 11,680
Total Area Code:  Sq Ft
Office/Appartment Area: 75
Office/Appartment Area Code: %
Retail Area: 25
Retail Area Code: %
Area Influences: Grnbelt/Conserv   Major Highway
Approximatly Age: 6-15
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT GOLFI REALTY INC.

1421 Pelham St , Pelham, L0S 1E0, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Pelham
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Lot Size: 40.00 x 157.00(Feet)
Approximate Age: 6-15
Tax: $9,710.31
Maintenance Fee: $0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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