SOLD – Commercial and Residential Property | 1518 Pelham St., Fonthill, ON
Exclusive opportunity to invest in a brand new commercial and residential building!
Nestled in downtown Fonthill, and 10 minutes from Highway 406, this three-storey property provides an early opportunity to invest in this up-and-coming area. More rental opportunities are currently in demand, and multiple development projects have begun to meet it. Two blocks over, the new Greater Downtown Fonthill Master Planned Area is currently underway to provide more mixed-use residential and commercial buildings. Additionally, a brand new community centre is already complete.
Commercial space is located on the basement and first floors, while the second and third floors contain residential units. 14 parking spaces are also on-site. Two 1-bedroom units and seven 2-bedroom units are available. Natural gas heating, separate hydro meters, and individual hot water tanks are included for each residential unit. They also contain sleek, modern features including granite countertops, stainless steel appliances, and high-grade porcelain tile. Each unit also includes a full bath and in-suite laundry. Made from concrete and core slab construction, the exterior of the building features Arriscraft Renaissance stone, gooseneck lighting, and modern, durable finishing.
Fonthill is a beautiful place to make an investment, as it sits comfortably on the Niagara Escarpment, which offers breathtaking views and lush, natural landscape. On a clear day, viewers can take in the Toronto skyline. It is known for its small-town feel and strong cultural heritage, but it is also perfectly situated a short drive from Toronto, Niagara Falls, and Buffalo, USA. This location is perfect for all kinds of residents, from families to young professionals, providing you with many rental and commercial opportunities.
Hiking and nature trails, parks, schools, shopping, and many other amenities are close by for all your tenants’ needs.