43 COSBY AVENUE, St. Catharines (Facer)
$639,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13857566
- Neighbourhood
- 445 - Facer
Fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate. Each updated 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.
Sold data
Homes in Facer — recent sold market
Homes in Facer took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $435,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $435,000
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 5%
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in St. Catharines (Facer)
St. Catharines (Facer) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
- Rated schools
- 47
- Elementary
- 38
- Secondary
- 9
- Average rating
- 7.3 / 10
Top-rated schools in St. Catharines (Facer)
- Applewood — elementary, St. CatharinesFraser rating 10.0/10
- Gracefield — elementary, St. CatharinesFraser rating 10.0/10
- Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
- Oakridge — elementary, St. CatharinesFraser rating 9.6/10
- Power Glen — elementary, St. CatharinesFraser rating 9.5/10
- Westdale — elementary, St. CatharinesFraser rating 9.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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