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Home ON St. Catharines - Niagara Pelham Fonthill North Fonthill
8 HIGHWAY NO 20 ROAD W
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8 HIGHWAY NO 20 ROAD W $1,499,000
$1,499,000
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8 HIGHWAY NO 20 ROAD W
Pelham (662 - Fonthill), Ontario L0S1E6

MLS® Number: X11881085

Listing 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. (39590076)

Location Description

Pelham & HWY 20

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
662 - Fonthill
Land Size
65 x 170.19 FT
Annual Property Taxes
$6,615.73
Time on REALTOR.ca
14 days

Building

Interior Features
Appliances Included
Water Heater
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water

Measurements

Square Footage
3553 sqft

Land

Lot Features
Frontage
65 ft
Land Depth
170 ft ,2 in
Other Property Information
Zoning Description
Main Street
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
EMESE ZADUBAN