$729,900
43 COSBY Avenue, St. Catharines, ON L2M 5R7
445 - Facer, St. Catharines,
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6.6% CAP RATE! 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!
- HoldoverDays: 30
- Architectural Style: 1 1/2 Storey
- Property Type: Residential Freehold
- Property Sub Type: Multiplex
- DirectionFaces: West
- GarageType: Detached
- Tax Year: 2024
- Parking Features: Private Double
- ParkingSpaces: 4
- Parking Total: 6
- WashroomsType1: 3
- BedroomsAboveGrade: 6
- Interior Features: Other
- Basement: Finished, Full
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- ConstructionMaterials: Vinyl Siding
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Block
- Parcel Number: 462790051
- LotSizeUnits: Feet
- LotDepth: 90
- LotWidth: 40
- PropertyFeatures: Hospital
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