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43 COSBY AVENUE
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43 COSBY AVENUE $739,900
$739,900
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43 COSBY AVENUE
St. Catharines (445 - Facer), Ontario L2M5R7

MLS® Number: X9414800
6
Bedrooms
3
Bathrooms
1260
Square Feet

Listing Description

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! (36901059)

Location Description

Dieppe Rd & Welland Ave to Cosby

Property Summary

Property Type
Business
Square Footage
1260 sqft
Community Name
445 - Facer
Land Size
Unit=40 x 90 FT|under 1/2 acre
Annual Property Taxes
$2,900
Parking Type
Detached Garage
Time on REALTOR.ca
45 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Block
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit, Hospital
Parking
Parking Type
Detached Garage
Total Parking Spaces
6

Measurements

Square Footage
1260 sqft

Land

Lot Features
Frontage
40 ft
Land Depth
90 ft
Other Property Information
Zoning Description
R2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
905-357-1700
Email
Book showing
REVEL Realty Inc., Brokerage
Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H1H5
905-357-1700
905-357-1705
Office Website
905-357-1700
Email
Book showing
REVEL Realty Inc., Brokerage
Brokerage
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H1H5
905-357-1700
905-357-1705
Office Website
Phyllis De Prophetis