368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

43 COSBY Avenue, St. Catharines, ON L2M 5R7

$679,900
  • Sale
  • Multiplex
  • 24 days ago
  • Updated: 2026-07-17

Property Overview

Property Type
Multiplex
Bedrooms
6
Bathrooms
3
Garage
Detached/4
Size
N/A
Age
51-99
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.

Key Details

  • X13575464
  • Detached/4
  • $679,900
  • Tenant
  • None
  • 3 + 3
  • 1 1/2 Storey
  • 6
  • 3
  • 1100-1500 Sqft
  • N/A
  • 51-99
  • Multiplex
  • Sale

Additional Details

  • Forced Air / Gas
  • R2
  • $3180
  • 2025
  • LT 15 CY PL 97 GRANTHAM; ST. CATHARINES
  • N/A
  • N
  • Finished,Full
  • Central Air
  • Hospital
  • Municipal
Neighbourhood profile DA 35260512 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

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Homes by decade.

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before tax

After-tax HH

median

Median individual

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Shelter cost burden (30%+ of income)

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Education (ages 25-64)

Population

Median age

Avg HH size

Immigrants

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Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

Unemployment

labour force

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of employed

Full-yr full-time

stable jobs

Commute mode

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Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the x13575464 - 43 COSBY Avenue, St. Catharines, ON L2M 5R7?

    The total square footage of this property is 1100-1500 SqFt.

  • What schools near to x13575464 - 43 COSBY Avenue, St. Catharines, ON L2M 5R7?

    The nearest schools are Prince of Wales Public School for elementary and Laura Secord Secondary School for secondary.

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