$679,900

Multiplex

43 COSBY Avenue, St. Catharines, ON

42 DAYS
6
3
2
1100-1500
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Listed by REVEL Realty Inc., Brokerage

Property Highlights

Garage

2 spaces

Property Tax

$3,180/yr

Age

51-99 yrs

Lot Size

< .50 ac

Style

1 1/2 Storey

Basement

Finished, Full

Monthly Cost

$3,136/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$2,871
Property Tax ($3,180/yr)$265
Total$3,136

Price & Listing History

Schools

Location

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Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage