43 COSBY Avenue, St. Catharines

$639,000
43 COSBY Avenue

$639,000

New
21d
Multiplex1 1/2 Storey

43 COSBY Avenue, St. Catharines

Total Monthly Obligation $3,217

Beds
6
Baths
3
Park
4
Sqft
1100-1500
DOM
21d
Property Type-Multiplex
MLS® Number-X13857566
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40 × 90 ft
Listed on site-Oct 2, 2026
Style-1 1/2 Storey
Building Type-Multiplex
Age-51-99
Taxes-$3,179 (2025)
Parking-6 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-445 - Facer
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$511,200
Land Transfer Taxes$9,255
Legal Fees (Est.)
$
Total cash required for closing$138,555

Total Monthly Obligation

$3,217/mo
Mortgage $2,578
Monthly Loss $2,539
Principal$678
Interest$1,899
Property Tax$265
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 43 COSBY Avenue

Time

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