$ 739,900
43 COSBY AVE St. Catharines, ON L2M 5R7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 739,900
Est. payment /mo
Active
43 COSBY AVE St. Catharines, ON L2M 5R7
3 Baths
1,260 SqFt
UPDATED:
10/29/2024 07:18 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $587
MLS Listing ID X9414800
Annual Tax Amount $2,900
Tax Year 2023
Property Description
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!
Location
State ON
County Niagara
Community Public Transit
Area 445 - Facer
Rooms
Basement Finished, Full
Kitchen 0
Ensuite Laundry None
Interior
Laundry Location None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Private Double
Garage Spaces 4.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 6
Building
Unit Features Hospital
Foundation Block
New Construction false
Others
Security Features Carbon Monoxide Detectors
Listed by REVEL Realty Inc., Brokerage