43 Cosby Avenue For Sale

St. Catharines, Facer, L2M 5R7

$749,000

Description

Listed by REVEL Realty Inc., Brokerage.

6.5% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.5% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today!

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Location

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  • Address: 43 Cosby Avenue
  • Neighborhood: Facer
  • City: St. Catharines
  • State: ON
  • Postal Code: L2M 5R7

Property Details

  • Property ID: 40610945
  • Property Price: $749,000
  • Style: Multi-3 Unit, Residential Income
  • Sq/Ft: 1260
  • Bath: 3
  • Garages Spaces: 2
  • Parking Spaces: 6
  • Year Built: 1945
  • A/C: Central Air
  • Basement: Full, Finished
  • Exterior: Vinyl Siding
  • Heating: Forced Air, Natural Gas
  • Taxes: $2,900.00 (2023)
  • # of stories: 2

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Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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