43 Cosby Avenue St. Catharines, Ontario L2M 5R7
$739,900
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! (id:50886)
Property Details
| MLS® Number | X9414800 |
| Property Type | Business |
| Community Name | 445 - Facer |
| AmenitiesNearBy | Public Transit, Hospital |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1260 Sqft |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit, Hospital |
| Sewer | Sanitary Sewer |
| SizeDepth | 90 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | Unit=40 X 90 Ft |
| SizeTotalText | Unit=40 X 90 Ft|under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27486259/43-cosby-avenue-st-catharines-445-facer-445-facer
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Contact us for more information
Phyllis De Prophetis
Broker
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5
Dennis Deprophetis
Salesperson
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H 1H5
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 12 2024 11:55:10
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage