Home
Ontario
St. Catharines (Facer)
43 COSBY AVENUE

$699,000

43 COSBY AVENUE, St. Catharines (Facer), Ontario, L2M 5R7

MLS® # X12703164

St. Catharines (Facer) ON, L2M 5R7

MLS® # X12703164

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Finished
Basement Type: Full
Exterior Finish: Vinyl siding
Floor Space: 1100 - 1500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Amenities Nearby: Hospital
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 90 Feet
Lot Frontage: 40 Feet
Lot Size: 40 x 90 FT
Zoning: R2
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 6

Courtesy of: REVEL Realty Inc., Brokerage

More Detail

Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

Location of 43 COSBY AVENUE, St. Catharines (Facer), Ontario, L2M 5R7

Lifestyle
Neighbourhood

Demographic Information of 43 COSBY AVENUE, St. Catharines (Facer), Ontario, L2M 5R7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,891.75

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.88 %

High school certificate or equivalent

34.31 %

Apprenticeship trade certificate/diploma

8.13 %

College/non-university certificate

21.19 %

University certificate (below bachelor)

0.21 %

University Degree

12.29 %

Commuter

Travel To Work

By Car

86.63 %

By Public Transit

5.67 %

By Walking

2.26 %

By Bicycle

2.02 %

By Other Methods

3.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.03 %

Houses

83.97 %

Own Vs. Rent