43 Cosby Avenue, St. Catharines (Facer), Ontario

$639,000

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6

Beds

3

Baths

About 43 Cosby Avenue

Fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate. Each updated suite features modernized flooring, kitchens, and bathrooms, while major capital improvements include a new central air conditioner (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. Investors will appreciate the separately metered hydro, ample on-site parking, detached garage, and fully occupied units providing immediate cash flow from day one. The current rental income offers an attractive return today while still allowing room for future growth as rents continue to align with market levels over time. Located in the heart of St. Catharines, just minutes to Highway 406, downtown, shopping, public transit, Brock University, and everyday amenities, this property is well-positioned in one of Niagara's strongest rental markets. Whether you're adding to an established portfolio or purchasing your first income property, opportunities offering this combination of strong returns, significant capital updates, stable tenancy, and rental upside are increasingly difficult to find. (id:6289)

More Info on this 445 - Facer Other MLS® listing

43 Cosby Avenue is an other listing for sale in St. Catharines (Facer). The MLS® number is X13857566. It features 6 bedrooms, 3 bathrooms. It's currently listed for $639,000. For more details on MLS® X13857566, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in 445 - Facer is available now!

Selling your 445 - Facer Other property?

Have a similar home to 43 Cosby Avenue? If you’re thinking about selling your 445 - Facer other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your St. Catharines (Facer) property.

Features of 43 Cosby Avenue

Listing # X13857566
Price $639,000
Bedrooms 6
Bathrooms 3.00
Type Multi-family
Sub-Type Other

Community Information

Address 43 Cosby Avenue
Area 445 - Facer
Subdivision 445 - Facer
City St. Catharines (Facer)
Province Ontario
Postal Code L2M5R7

Amenities

Parking Spaces 6
Parking Detached Garage, Garage
Garages Detached Garage, Garage
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Vinyl siding
Lot Description 40 x 90 FT
Foundation Block

Additional Information

Zoning R2

Listing Details

OfficeREVEL Realty Inc., Brokerage

Listing Map

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