• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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43 COSBY Avenue, St. Catharines, ON L2M 5R7

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

St. Catharines, ON, L2M 5R7 · 445 - Facer

6 Beds
3 Baths
— Sq Ft
4 Parking
Multiplex Type
X12703164 MLS#

About this 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 & Amenities

  • Basement: Finished, Full
  • Garage: Detached
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 1 1/2 Storey
  • Construction: Vinyl Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Multiplex
Architectural Style 1 1/2 Storey
Bedrooms 6
Bathrooms 3
Basement Finished, Full
Garage Detached
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $3,180
Tax Year 2025

Interior Features

Interior Features
Other

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
1 1/2 Storey
Construction Materials
Vinyl Siding
Foundation Details
Block
Roof
Asphalt Shingle
Basement
Finished, Full
Approximate Age
51-99

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
4
Parking Total
6.00
Parking Features
Private Double
Covered Spaces
2

Lot & Land

Lot Size Units
Feet
Lot Depth
90.00
Lot Width
40.00

Community & Neighborhood

Property Features
Hospital

Financial & Tax

Tax Annual Amount
$3,180
Tax Year
2025
Possession Type
Flexible
Possession Details
flexible

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
9
Kitchens Above Grade
3
Kitchens Total
3
Bedrooms Above Grade
6

Additional Details

Occupant Type
Tenant
Direction Faces
West
County Or Parish
Niagara
Cross Street
Dieppe Rd & Welland Ave to Cosby
Directions
Cosby and Bartlett
Special Designation
Unknown
Showing Requirements
Showing System

Location

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

Listing courtesy of REVEL Realty Inc., Brokerage
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  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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