Our Listings

43 COSBY Avenue
St. Catharines St. Catharines L2M 5R7

$749,000
Multi-family beds: 6 baths: 3.0 built: 1945

Main Photo: 43 COSBY Avenue in St. Catharines: Multi-family for sale : MLS®# 40543144
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
40543144
Bedrooms:
6
Bathrooms:
3
Year Built:
1945
Investors, seize the opportunity! Generating over a 6% cap rate, this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, has 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! (id:2493)
Property Type:
Multi-family
Size Interior:
1,260 sq. ft.
Transaction Type:
For sale
Zoning:
R2
Ownership Type:
Freehold
Subdivision Name:
445 - Facer
Amenities:
Hospital, Public Transit, Schools, Shopping
Community Features:
School Bus
Rental Equipment:
Water Heater
Building Type:
Triplex
Bedrooms:
6
Bathrooms:
3.0
Age:
79 years
Cooling:
Central air conditioning
Equipment:
Water Heater
Exterior Finish:
Vinyl siding
Fireplace:
No
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Finished)
Basement Development:
Finished
Land Amenities:
Hospital, Public Transit, Schools, Shopping
Road Access:
Highway access
Lot Frontage:
40'
Lot Depth:
90'
Acreage:
No
Lot Size:
under 1/2 acre
Total Parking Spaces:
6
Parking Type:
Detached Garage
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Listed by REVEL Realty Inc., Brokerage
Data was last updated April 23, 2024 at 12:45 PM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$699,999
Min list price:
$395,000
Max list price:
$3,200,000
Avg days on market:
40
Min days on market:
5
Max days on market:
309
Avg price per sq.ft.:
$396.33
These statistics are generated based on the current listing's property type and located in St. Catharines. Average values are derived using median calculations.
PHYLLIS DE PROPHETIS
DENNIS DE PROPHETIS
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.