$639,000
For SaleList: 2026-10-02
X13857566
$639,000
Added 10 days ago
MLS® X13857566
St. Catharines, ON, L2M 5R7
Multiplex
Added 10 days ago
MLS® X13857566
Prices are changing. Get a free home estimate
Find out nowAbout this home
Broker remarks from the listing.
Quick facts
Fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate. Each updated 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.
Property sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 43 COSBY Avenue, St. Catharines, ON L2M 5R7 (Multiplex)
$639,000
For SaleList: 2026-10-02
X13857566
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Oct 2, 2026 | Oct 2, 2026 | $639,000 | For Sale | X13857566 |
Neighbourhood
Loading schools, parks, transit, and grocery…