1421 Pelham St is a $3,199,000, 11,680 square foot home located in Pelham, ON.
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!
Above Grade Sqft | 11,680 |
Basement | Basement (Commercial) - No |
Heating Types | Gas Forced Air Closed |
Parking Types | Garage Type (Commercial) - None |
Exterior Features | Seller Property Info Statement - No Williamson Act Y N Sq Ft Y |
Land Type | Area Infuences 1 (Commercial) - Greenbelt/Conserv |
Water Source | Municipal |
Sewer | Storm |
Property Type | Family-Less Than 1/2 Acre |
Property Sub Type | Property Subtype (Commercial) - Apartment |
Style | Sale Age - 6-15 Property Use (Commercial) - Apts - 2 To 5 Units Occupancy (Commercial) - Tenant |
Architectural Style | Investment |
Taxes | $9,710.00 |
County | ontario |
Based on information from the Toronto Real Estate Board, last updated 07/26/2024 at 11:16pm MDT. Listing 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. Information deemed reliable but not guaranteed by the MLS or this website.