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

$639,000
  • Sale
  • Multiplex
  • 4 days ago
  • Updated: 2026-10-02

Property Overview

Property Type
Multiplex
Bedrooms
6
Bathrooms
3
Garage
Detached/4
Size
N/A
Age
51-99
Fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate. Each updated 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

  • X13857566
  • Detached/4
  • $639,000
  • 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
  • $3179
  • 2025
  • LT 15 CY PL 97 GRANTHAM; ST. CATHARINES
  • N/A
  • N
  • Finished,Full
  • Central Air
  • Hospital,Public Transit,School Bus Route
  • Municipal
Neighbourhood profile DA 35260512 · 2021 Census

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

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FAQ
  • What is the total square footage of the x13857566 - 43 COSBY Avenue, St. Catharines, ON L2M 5R7?

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

  • What schools near to x13857566 - 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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