43 COSBY AVENUE
St. Catharines, Ontario, L2M5R7
For Sale | $679,900 | 6 beds | 3 baths
Key facts
- Property type: Multi-family
- Structure: Other
- Transaction: For Sale
- Price: $679,900
- Bedrooms: 6
- Bathrooms: 3
- Lot size: 40 x 90 FT
- Parking: 6
- Listing key: 29259202
Listing overview
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:25314)
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