43 COSBY Ave
445 - Facer, St. Catharines, L2M 5R7
FOR SALE
$729,900
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Property Description
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!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-20 | 2025-01-06 | 52 | $729,900 | - | Suspended |
2024-02-20 | 2024-06-06 | 107 | $749,000 | - | Terminated |
2024-01-03 | 2024-02-20 | 48 | $779,900 | - | Suspended |
2022-07-29 | 2022-08-31 | 33 | $749,000 | - | Terminated |
Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Multiplex, 1 1/2 Storey
Lot Size
40' x 90'
Acreage
< .50
Fronting
West
Taxes
$3,000 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Listing contracted with Revel Realty Inc., Brokerage
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