43 Cosby Avenue St. Catharines, Ontario L2M 5R7
$679,900
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:61445)
Property Details
| MLS® Number | X12703164 |
| Property Type | Multi-family |
| Community Name | 445 - Facer |
| AmenitiesNearBy | Hospital |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Water Heater |
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 | 1100 - 1500 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
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 |
https://www.realtor.ca/real-estate/29259202/43-cosby-avenue-st-catharines-facer-445-facer
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Contact us for more information
Phyllis De Prophetis
Broker
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
Dennis Deprophetis
Salesperson
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H 1H5
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February 26 2026 11:24:59
Revel Realty Inc., Brokerage