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.
For sale
C$679,900
43 Cosby Ave, Saint Catharines, ON L2M 5R7
6beds
3baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Updated flooringAmple parkingDetached garage
- 179 days |
- 10 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
REVEL Realty Inc., Brokerage
Source: TRREB,MLS®#: X12703164
Originating MLS®#: Niagara Association of REALTORS
Originating MLS®#: Niagara Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Other
- Basement: Finished,Full
- Has fireplace: No
Interior area
- Living area range: 1100-1500 null
Property
Parking
- Total spaces: 6
- Parking features: Private Double
- Has garage: Yes
Features
- Stories: 1.5
- Pool features: None
Lot
- Size: 3,600 Square Feet
- Features: Hospital, Rectangular Lot
Details
- Parcel number: 462790051
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Saint Catharines
Financial & listing details
- Annual tax amount: C$3,180
- Date on market: 1/16/2026
REVEL Realty Inc., Brokerage
REVEL Realty Inc., Brokerage
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Facer
Nearby schools
GreatSchools rating
- 4/10Maple Avenue SchoolGrades: PK-6Distance: 9.4 mi
- 4/10Gaskill Preparatory SchoolGrades: 7-8Distance: 11.3 mi
- 3/10Niagara Falls High SchoolGrades: 9-12Distance: 11.8 mi
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