$1,499,000
( $421.90Per Sq Foot )
 $8,047 est/mo Sourced by Back At You

8 Highway No 20 Road , Pelham, ON L0S 1E6

Pelham, ON L0S 1E6

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Description

This beautifully restored two-story building in the heart of Fonthill's vibrant and thriving town centre offers a rare opportunity to own a fully turn-key, fully leased property in a high-traffic location. With 3,331 ft of meticulously engineered and redesigned space, this property seamlessly blends modern upgrades with historic charm, making it a standout asset for investors or owner-occupiers. The main floor features a versatile commercial/retail space with exposed original wood beams, providing character and charm, while offering high visibility on a bustling streetperfect for retail, office, service or medical uses. The second floor houses three fully rebuilt and renovated residential units, all designed to meet modern building codes. These units include two spacious two-bedroom apartments and one cozy one-bedroom apartment, each boasting high-quality finishes and updated systems, making them move-in ready. The building is fully leased, generating excellent cash flow and a healthy cap rate, ensuring strong and consistent rental income. This property is perfect for investors seeking stable returns or business owners looking for a live-work option. Situated on a vibrant, high-traffic street with excellent exposure, this turn-key building offers endless possibilities. Whether youre moving in your business while benefiting from residential tenant income or adding this gem to your investment portfolio, this is an opportunity you won't want to miss out on.

Details

MLS#X11881085
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site39
Listing Provided ByROYAL LEPAGE NRC REALTY | Not Provided

Features

SQ Feet3,553
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

MERAV NOEL

MERAV NOEL

Coldwell Banker The Real Estate Centre

 (647) 678-5441Contact Me Form Link
StateON
CountyNiagara
CityPelham
Zip CodeL0S 1E6
Area662 Fonthill
Listing VS Median (in L0S 1E6)
Price:
$1,499,000
low | high
Med:
$1,499,000
50% of Average
SqFt:
3,553
low | high
Med:
3,553
50% of Average
$ / SqFt:
$422
low | high
Med:
$422
50% of Average
On Site:
39
low | high
Med:
39
100% of Average
Sourced by Back At You
Listing Updated: December 4, 2024 at 9:01:49 PM PST

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© 2025 Coldwell Banker the Real Estate Centre. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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