For Sale: 43 Cosby Avenue, St. Catharines, ON - REW
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$679,900
6 bd • 3 ba • 1100 - 1499 sf • Multifamily
43 Cosby Avenue
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$679,900
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43 Cosby AvenueSt. Catharines, ON, L2M 5R7

  • 6 Bed
  • 3 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Phyllis De Prophetis, Broker, REVEL Realty Inc., Brokerage

Home facts and features

Price details
List Price
$679,900
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Gross Taxes for 2026
$3,180
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
6
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Depth
90 feet
Frontage
40.0 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Appliances
Refrigerator, Stove
Agent details
Primary Agent
Primary Broker
REVEL Realty Inc., Brokerage
Secondary Agent
Secondary Broker
REVEL Realty Inc., Brokerage
Listing details
Days on REW
8 Days
Property Views
43
MLS® Number
X13575464
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Property Insights

Prince of Wales Public School
  • Public
  • JK - 8
St Alfred Catholic Elementary School
  • Catholic
  • JK - 8
Laura Secord Secondary School
  • Public
  • 9 - 12
Connaught Public School
  • Public
  • JK - 8
Carleton Public School
  • Public
  • JK - 8
Lincoln Centennial Public School
  • Public
  • JK - 8
E I McCulley Public School
  • Public
  • JK - 8
Jeanne Sauve Public School
  • Public
  • 1 - 8
ÉÉC Immaculée-Conception
  • Catholic
  • JK - 8
St Nicholas Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Phyllis De Prophetis
Phone:
(905) 357-1700
Cell:
905-380-4338
Office:
905-357-1700
Salesperson
Dennis Deprophetis
Phone:
(905) 380-3366
Cell:
905-380-3366
Office:
905-357-1700
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