43 Cosby Ave
St. Catharines, L2M 5R7
FOR SALE
$749,000
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Property Description
Investors, seize the opportunity! Achieve over a 6% cap rate with this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, with a gross income of $60,000. Fully occupied, this property boasts ample parking and a detached garage for added convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, ensure a contemporary and attractive investment. Situated in close proximity to major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether you're expanding your existing portfolio or venturing into real estate investment for the first time, this is the ideal opportunity to secure a property that combines a strong cap rate with a strategic location. Don't miss out on the chance to enhance or kickstart your investment portfolio!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-01-03 | 2024-02-20 | 48 | $779,900 | - | Suspended |
2022-07-29 | 2022-08-31 | 33 | $749,000 | - | Terminated |
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Property Details
Street
City
Property Type
Other, Other
Fronting
West
Taxes
$2,900 (2023)
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
4
Driveway
Available
Garage Type
Detached
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Listing contracted with Revel Realty Inc.
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