43 Cosby Avenue, St. Catharines | Image 1

43 Cosby Avenue

St. Catharines, 445 - Facer

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2

  • Age: No Data

  • Taxes: 2900

  • MLS®#: X11882650

  • Days on Site: 20 Days

  • Added: Nov 15, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: REVEL Realty Inc., Brokerage

6.5% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.5% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: St. Catharines

  • Community: 445 - Facer

  • Availability Date: Flexible

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Double Detached

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 15 CY PL 97 GRANTHAM; ST. CATHARINES

  • Taxes: $2,900

  • Taxes Type: Annual

Land

  • Cross Street: Welland & Dieppe

  • Municipality District: St. Catharines

  • Lot Depth: 89.6 Feet

  • Lot Frontage: 40 Feet

  • Zoning: R2

Commercial Specific

  • Total Area: 1260

  • Total Area Metric: Sq Ft

  • Lot Code: Building

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Map of 43 Cosby Avenue, St. Catharines
JK-8

E I McCulley Public School

Elementary: Public
1.60 km
JK-8

Carleton Public School

Elementary: Public
1.57 km
JK-8

Connaught Public School

Elementary: Public
1.17 km
JK-8

Prince of Wales Public School

Elementary: Public
0.37 km
JK-8

Lincoln Centennial Public School

Elementary: Public
1.57 km
JK-8

St Alfred Catholic Elementary School

Elementary: Catholic
0.82 km
9-12

Lifetime Learning Centre Secondary School

Secondary: Public
3.06 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
1.92 km
9-12

Laura Secord Secondary School

Secondary: Public
1.05 km
Pre-Grade 9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
3.11 km
9-12

Eden High School

Secondary: Public
2.99 km
9-12

Governor Simcoe Secondary School

Secondary: Public
3.23 km
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