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
- —
1 / 26Listing 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.
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.