43 COSBY Avenue, St. Catharines, ON L2M 5R7
St. Catharines
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 43 COSBY Avenue, St. Catharines, ON L2M 5R7
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MLS# X13575464
Listed by REVEL Realty Inc., Brokerage
On market since Jul 17, 2026
43 COSBY Avenue, St. Catharines, ON L2M 5R7 is listed for $679,900 CAD.
43 COSBY Avenue, St. Catharines, ON L2M 5R7 has 6 bedrooms and 3 bathrooms.
43 COSBY Avenue, St. Catharines, ON L2M 5R7 is a Multiplex.
43 COSBY Avenue, St. Catharines, ON L2M 5R7 is in St. Catharines, Ontario.
43 COSBY Avenue, St. Catharines, ON L2M 5R7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 43 COSBY Avenue, St. Catharines, ON L2M 5R7 (MLS# X13575464). You can also send a message through the contact form on this site.
