43 Cosby Avenue
445 - Facer, St. Catharines, L2M 5R7
For Sale
6.20 BTC

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6
BEDROOMS3
BATHROOMS3
KITCHENS9
ROOMSX12703164
MLSIDContact Us
Property Description
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.
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Property Features
Hospital, Other, Private Double, Carbon Monoxide Detectors
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Property Details
Property Type
Multiplex
Lot Size
40' x 90'
Taxes
$3,180 (2025)
Basement
Finished, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Listing contracted with Revel Realty Inc., Brokerage
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