6 Beds 3 Bath

43 COSBY Avenue, St. Catharines, ON L2M 5R7

St. Catharines L2M 5R7 Ontario

MLS: X12703164

$699,000

Added 1 hour ago | For Sale

Listed by: REVEL Realty Inc., Brokerage

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:3
  • Land Size: 40 X 90
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Dieppe Rd & Welland Ave to Cosby
  • Basement:Finished,Full , Finished,Full
  • Possession Date:flexible
  • Annual Property taxes: $3180
  • Bedrooms:6
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12703164

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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