6.6% CAP RATE! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today!
43 COSBY Avenue
445 - Facer, St. Catharines, Niagara $716,500Make an offer
6 Beds
3 Baths
1100-1500 sqft
Detached
Garage
Parking for 4
West Facing
Zoning: R2
- MLS®#:
- X12139021
- Property Type:
- Multiplex
- Property Style:
- 1 1/2 Storey
- Area:
- Niagara
- Community:
- 445 - Facer
- Taxes:
- $3,000 / 2024
- Added:
- May 09 2025
- Lot Frontage:
- 40
- Lot Depth:
- 90
- Status:
- Active
- Outside:
- Vinyl Siding
- Year Built:
- 51-99
- Basement:
- Finished,Full
- Brokerage:
- REVEL Realty Inc., Brokerage
- Lot :
-
90
40
- Intersection:
- Dieppe Rd & Welland Ave to Cosby
- Rooms:
- Bedrooms:
- 6
- Bathrooms:
- 3
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
Listing Details
Insights
- High CAP Rate: This property boasts a 6.6% cap rate, generating a gross income of $60,000, making it a lucrative investment opportunity for buyers looking for strong returns.
- Ample Parking: With a total of 6 parking spaces and a detached garage, this property offers convenience for tenants and enhances its rental appeal.
- Prime Location: Located in the heart of St. Catharines, the property is easily accessible via major highways, shopping centers, and public transit, making it attractive for potential tenants.
Property Features
Hospital
Sale/Lease History of 43 COSBY Avenue
View all past sales, leases, and listings of the property at 43 COSBY Avenue.Neighbourhood
Schools, amenities, travel times, and market trends near 43 COSBY AvenueSchools
5 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.
Parks & Rec
4 sports fields, 3 playgrounds and 7 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 2 min walk away. Rail transit stop less than 5 km away.
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445 - Facer home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 445 - Facer
Insights for 43 COSBY Avenue
View the highest and lowest priced active homes, recent sales on the same street and postal code as 43 COSBY Avenue, and upcoming open houses this weekend.
Active Comparisons
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Sold Comparisons
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