43 Cosby Avenue St. Catharines, Ontario L2M 5R7
$729,900
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! (id:35492)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11909920 |
| Property Type | Multi-family |
| Community Name | 445 - Facer |
Building
| Bathroom Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1260 Sqft |
| Size Interior | 1,260 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 89 Ft ,7 In |
| Size Frontage | 40 Ft |
| Size Irregular | Bldg=40 X 89.6 Ft |
| Size Total Text | Bldg=40 X 89.6 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/27771854/43-cosby-avenue-st-catharines-445-facer-445-facer
Contact Us
Contact us for more information
Phyllis De Prophetis
Broker
(905) 357-1705
thedeproteam.ca
www.facebook.com/thedeproteam
www.instagram.com/thedeproteam
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
www.revelrealty.ca/
Dennis Deprophetis
Salesperson
(905) 357-1705
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
www.revelrealty.ca/
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January 06 2025 11:23:44
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage