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43 COSBY Avenue, St. Catharines, ON L2M5R7

$679,9006Beds 3Baths 1,100Sqft Fraser

Property Overview

  • Row / Townhouse Home Type
  • 21780 Sqft Lot Size
  • FraserCommunity
  • 6 Beds
  • 3 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 6 Parking Space(s)
  • 1975 Year Built
  • Property Taxes
  • 44 days Days on Market
  • X13575464 MLS® #
  • $618 Price / Sqft
  • One And Half Storey Style
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Description

Turnkey Income Property with 7.0% Cap Rate & Future Upside! Looking for a strong cash-flow investment with immediate income and long-term upside? This fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate at the current asking price. The property has been extensively updated, making it a low-maintenance addition to any investment portfolio. Each 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.

Interior Details

See Home Description
See Home Description
Air Conditioning (Central)
0
Finished
None

Exterior Details

Vinyl Siding
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Asphalt Shingles
Brick / Stone / Block

More Information

Property

None
See Home Description

Parking

Yes
6
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. 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. Used under license.
Data was last updated Friday, August 28, 2026, 4:05:01 PM UTC.