St. Catharines, ON L2M 5R7,43 Cosby AVE
St. Catharines, ON L2M 5R7,43 Cosby AVE
St. Catharines, ON L2M 5R7,43 Cosby AVE
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$729,900
Est. payment /mo
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3 BA
1,260 SqFt
Active

43 Cosby AVE St. Catharines, ON L2M 5R7

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UPDATED:

01/06/2025 10:55 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $579

Subdivision 445 - Facer

MLS Listing ID X11909920

Annual Tax Amount $3,000

Tax Year 2024

Property Description

6.6% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today!

Location

Province ON

County Niagara

Community 445 - Facer

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Depth 89.6


Listed by REVEL Realty Inc., Brokerage

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agent

Jeff Othen

Operator

+1(647) 296-5605

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43 Cosby AVE