Rachel Stempski

Broker


LOADING

43 Cosby Avenue St. Catharines (445 - Facer), Ontario L2M 5R7

6 Bedroom 3 Bathroom
Central Air Conditioning Forced Air

$729,900

6.6% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today! (id:50705)

Property Details

MLS® Number X10432667
Property Type Multi-family
Community Name 445 - Facer
Amenities Near By Hospital
Equipment Type Water Heater - Gas
Parking Space Total 6
Rental Equipment Type Water Heater - Gas

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Hospital
Sewer Sanitary Sewer
Size Depth 90 Ft
Size Frontage 40 Ft
Size Irregular 40 X 90 Ft
Size Total Text 40 X 90 Ft|under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/27669317/43-cosby-avenue-st-catharines-445-facer-445-facer

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Phyllis De Prophetis
Broker

(905) 357-1700
Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
www.revelrealty.ca/

Dennis Deprophetis
Salesperson

(905) 357-1700
Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
revelrealty.ca/

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December 05 2024 05:53:26

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Revel Realty Inc., Brokerage

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Rachel Stempski

Broker

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Not intended to solicit properties currently listed for sale. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members 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. I am a Sales Representative licensed to trade in residential and commercial real estate in Ontario. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.