$639,000
6.86 BTC
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43 Cosby Avenue, St. Catharines
$639,000
PRICE
6
BEDROOMS
3
BATHROOMS
X13857566
MLSID

43 Cosby Avenue, St. Catharines

Fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate. Each updated suite features modernized flooring, kitchens, and bathrooms, while major capital improvements include a new central air conditioner (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. Investors will appreciate the separately metered hydro, ample on-site parking, detached garage, and fully occupied units providing immediate cash flow from day one. The current rental income offers an attractive return today while still allowing room for future growth as rents continue to align with market levels over time. Located in the heart of St. Catharines, just minutes to Highway 406, downtown, shopping, public transit, Brock University, and everyday amenities, this property is well-positioned in one of Niagara's strongest rental markets. Whether you're adding to an established portfolio or purchasing your first income property, opportunities offering this combination of strong returns, significant capital updates, stable tenancy, and rental upside are increasingly difficult to find.
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Sold History

SOLD
13 June 2025
$683,000

Summary

Address
43 Cosby Avenue
Community
MLSID
X13857566
Property Type
Multiplex
Property Category
Bedrooms
6
Bathrooms
3
Kitchens
3
Zoning
R2
Taxes (Annual)
$3,179.00
Tax Year
2025
Published
October 2, 2026
Days on Market
26 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

3 Fridges, 3 Stoves,

Details

Property Features
Hospital, Public Transit, School Bus Route
Security Features
Carbon Monoxide Detectors
Basement
Finished, Full
Interior Features
Other
Parking Spaces
4
Parking Total
6
Parking Features
Private Double
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
40 Feet
Lot Depth
90 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with REVEL Realty Inc., Brokerage
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