1421 Pelham St
Pelham, L0S1E0
For Sale
$3,199,000
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Apartment
CATEGORY11,680 Sq Ft
TOTAL AREAX8068022
MLSIDContact Us
Property Description
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!
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Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
Cg
Total Area
11,680 Sq Ft
Office/Apartment Area
75.0
Retail Area
25.0
Lot Size
40' x 157'
Taxes
$9,710 (2023)
Air Conditioning
Yes
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Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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