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Renanza Realty
For sale

43 COSBY AVENUE

St. Catharines (Facer), Ontario

MLS® X13575464

$679,900

Status
Active
Property type
Multi-family
MLS® number
X13575464
Bedrooms
6
Bathrooms
3
Year built

Listing description

Turnkey Income Property with 7. 0% Cap Rate & Future Upside! Looking for a strong cash-flow investment with immediate income and long-term upside?

This fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7. 0% cap rate at the current asking price. The property has been extensively updated, making it a low-maintenance addition to any investment portfolio.

Each 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.

Property summary

MLS® number
X13575464
Property type
Multi-family
Building type
Other
Land size
40 x 90 FT
Annual property taxes
$3,180.00
Parking
6 spaces · Detached Garage, Garage
Days on market
42 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Refrigerator, Stove
Exterior features
Vinyl siding

What would this home cost you?

Based on the $679,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,163 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REVEL Realty Inc., Brokerage, Niagara Falls.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.