ON > St. Catharines
St. Catharines, ON L2M 5R7,43 COSBY AVE
St. Catharines, ON L2M 5R7,43 COSBY AVE
St. Catharines, ON L2M 5R7,43 COSBY AVE
St. Catharines, ON L2M 5R7,43 COSBY AVE
St. Catharines, ON L2M 5R7,43 COSBY AVE
St. Catharines, ON L2M 5R7,43 COSBY AVE
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 739,900
Est. payment | /mo

3 Baths

1,260 SqFt

Save
$ 739,900
Est. payment | /mo
Save

3 Baths

1,260 SqFt

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

Province 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
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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43 COSBY AVE