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$679,900
Ontario,St. Catharines (Facer)
For Sale Active
43 COSBY AVENUE, St. Catharines (Facer), Ontario L2M5R7
  • 6
  • 3
  • 1100 - 1500Square Feet
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Basic Details
Description

Turnkey Income Property with 7.0% Cap Rate & Future Upside! Looking for a strong cash-flow investment with immediate income and long-term upside? This fully occupied three-unit income property generates almost $60, 000 in annual gross rental income with an impressive 7.0% cap rate at the current asking price. The property has been extensively updated, making it a low-maintenance addition to

any investment portfolio. Each suite features modernized flooring, kitchens, and bathrooms, while major capital improvements include a new central air conditioner (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. Investors will appreciate the separately metered hydro, ample on-site parking, detached garage, and fully occupied units providing immediate cash flow from day one. The current rental income offers an attractive return today while still allowing room for future growth as rents continue to align with market levels over time. Located in the heart of St. Catharines, just minutes to Highway 406, downtown, shopping, public transit, Brock University, and everyday amenities, this property is well-positioned in one of Niagara’s strongest rental markets. Whether you’re adding to an established portfolio or purchasing your first income property, opportunities offering this combination of strong returns, significant capital updates, stable tenancy, and rental upside are increasingly difficult to find. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13575464
  • Price: $679,900
  • Bedrooms: 6
  • Bathrooms: 3
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: REVEL Realty Inc., Brokerage
  • Property Sub Type: Multi-family
  • Office Key: 274602
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Parking: Detached Garage, Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, St. Catharines (Facer), L2M5R7
  • Street: COSBY
  • Street Number: 43
  • Street Suffix: Avenue
  • Longitude: W80° 46' 34''
  • Latitude: N43° 10' 28.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 40 x 90 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 3180
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Listing updated: 2026-08-02 09:25:11
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Listing Information
  • List Agent Key: 1757832
  • List Office Key: 274602
  • Modification Timestamp: 2026-07-17T13:40:10Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2026-07-17T13:33:46Z
Powered by REALTOR.ca
Listing updated: 2026-08-02 09:25:11
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