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.
Details
X12703164
6
$699,000
N/A N/A
1100-1500 Sqft
51-99
6
3
Multiplex
None
3 + 3
1 1/2 Storey
Sale
Additional details
N
N/A
N
Finished,Full
Central Air
Hospital
Municipal
Schools Nearby
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FAQ
What is the total square footage of the X12703164 - 43 COSBY Avenue, St. Catharines, ON L2M 5R7?
The total square footage of this property is 1100-1500 SqFt.
What schools near to X12703164 - 43 COSBY Avenue, St. Catharines, ON L2M 5R7?