43 COSBY AVENUE, St. Catharines (Facer)

$679,900

For sale: Multiplex

Property type

Multi-family

Bedrooms / bathrooms

6 bedrooms, 3 bathrooms

Living area

1,500 sqft

MLS number

MLS® X12703164

Neighbourhood

445 - Facer

Investor Alert - 6.8% Cap Rate in Central St. Catharines! Meticulously updated and fully tenanted, this turnkey 3-unit investment property offers a strong 6.8% cap rate with a solid annual rental income. Each unit has been refreshed with updated flooring, kitchens, and bathrooms, providing a modern and marketable rental product. Major capital improvements include new central air (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. The property also features ample parking plus a detached garage, enhancing tenant convenience and long-term appeal. Ideally located in the core of St. Catharines with quick access to highways, transit routes, shopping, and amenities, this is a strategic addition to any portfolio. A rare opportunity to secure a solid income-producing asset in a high-demand rental market.