43 COSBY AVENUE, St. Catharines (Facer), Ontario, L2M5R7

Property Description

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:64974)

Quick Facts

• Property Type: Other
• Bedrooms: 6 (6 above)
• Bathrooms: 3
• Parking: 6 spaces (Detached Garage, Garage)
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $3,180.00

Listing Provided by: REVEL Realty Inc., Brokerage
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.