Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 6
- Bathrooms
- 3
+21 more
6
Bedrooms
3
Bathrooms
1,100-1,500 sqft
Square Feet
40 x 90 ft
Lot
6
Parking
Property Snapshot
Key details for this listing
MLS #X13857566
Property
Type, style and structure
- Type
- residential
- Style
- multiplex / Multiplex
- Structure
- 1 1/2 Storey
- Ownership
About This Property
This 6-bedroom, 3-bathroom multiplex in St. Catharines offers 1,100-1,500 sqft of square feet on a 40 x 90 ft lot. 1 storey. The property has lot dimensions of 90 x 40, zoned R2. The home features central air, a finished, full basement. Highlights include a none pool, a 6-car garage.
MLS Remarks
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. (id:60351)
Full Listing Details
Address43 COSBY Avenue, St. Catharines, ON L2M 5R7
MLS#X13857566
Listing StatusActive
Property TypeResidential
Sub-TypeMultiplex
TransactionSale
List DateOct 2, 2026
Days on Market23
Common InterestFreehold
Annual Tax$3,179 (2025)
Parking6 (6 garage)
Parking TypePrivate Double
Structure TypeOther
Style1 1/2 Storey
ConstructionVinyl Siding
Bedrooms6
Bathrooms3
Bedrooms Above Grade6
Square Feet1,100-1,500 sqft
Kitchens3
Stories1
CitySt. Catharines
Neighbourhood445 - Facer
ProvinceOn
Postal CodeL2M 5R7
Lot Dimensions90 x 40
Frontage40 ft
Lot Depth90 ft
ZoningR2
Zoning DetailsR2
Total Parking6
Garage Spaces6
Parking FeaturesPrivate Double
CoolingCentral Air
BasementFinished, Full
RoofAsphalt Shingle
FoundationBlock
SecurityCarbon Monoxide Detectors
CommunitySchool Bus
PoolNone
SewerSewer
Annual Tax$3,179 (2025)
Dieppe to Cosby
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
