43 Cosby Avenue, St. Catharines, Ontario  L2M 5R7 - Photo 1 - X12703164
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43 Cosby Avenue
St. Catharines, Ontario L2M 5R7

Investor Alert - 6.8% Cap Rate in Central St. Catharines! Meticulously updated and fully tenanted, this turnkey 3-unit investment property offers a strong 6.8% cap rate with a solid annual rental income. Each unit has been refreshed with updated flooring, kitchens, and bathrooms, providing a modern and marketable rental product. Major capital improvements include new central air (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. The property also features ample parking plus a detached garage, enhancing tenant convenience and long-term appeal. Ideally located in the core of St. Catharines with quick access to highways, transit routes, shopping, and amenities, this is a strategic addition to any portfolio. A rare opportunity to secure a solid income-producing asset in a high-demand rental market. (id:15265)

$699,000 For sale

MLS® Number
X12703164
Type
Multi-family
Building Type
Other
Bedrooms
6
Bathrooms
3
Parking
6
SQ Footage
1,100 - 1,500 ft2
Cooling
Central Air Conditioning
Heating
Forced Air

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Property Details

MLS® Number X12703164
Property Type Multi-family
Community Name 445 - Facer
AmenitiesNearBy Hospital
EquipmentType Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Hospital
Sewer Sanitary Sewer
SizeDepth 90 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 90 Ft
SizeTotalText 40 X 90 Ft|under 1/2 Acre
ZoningDescription R2

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
Age 51 To 99 Years
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,100 - 1,500 Ft2
Type Other
UtilityWater Municipal Water

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fank

Frank DeCicco

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Steve Simard

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