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    For Sale - 43 COSBY Avenue, St. Catharines, Ontario

    Est payment $3,068/mo
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    Views   1
    Time on Jump  6 day

    AI Summary *

    • Fully occupied three-unit property generating nearly $60,000 in annual income.
    • Updated suites with modern flooring, kitchens, and bathrooms for tenant comfort.
    • Major improvements include new AC, roof, furnace, and electrical panels.
    • Ample on-site parking and detached garage for added convenience.
    • Prime location near shopping, transit, and Brock University, perfect for renters.




    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.
    Listing IDX13857566
    Address43 COSBY Avenue
    CitySt. Catharines, Ontario
    Price$639,000
    Bed / Bath6 / 3 Full
    Style1 1/2 Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherAmenities Hospital, Public Transit, School Bus RouteOwnership FreeholdBasement Finished, FullFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: REVEL Realty Inc., Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
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    43 Cosby Avenue
    St. Catharines , Ontario
    6 3 $639,000
    Get more info