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$729,900
Available - For Sale
Listing ID: X11909920
6.6% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% 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!
Price $729,900
Taxes: $3,000
Tax Type: Annual
Occupancy by: Tenant
Address: 43 Cosby Ave , St. Catharines, L2M 5R7, Ontario
Postal Code: L2M 5R7
Province/State: Ontario
Legal Description: LT 15 CY PL 97 GRANTHAM; ST. CATHARINES
Lot Size: 40 x 89.6 (Feet)
Directions/Cross Streets: Welland & Dieppe
Zoning: R2
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 1,260
Total Area Code:  Sq Ft
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

43 Cosby Ave , St. Catharines, L2M 5R7, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 445 - Facer
Style:
Lot Size: 40.00 x 89.60(Feet)
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Tax: $3,000
Maintenance Fee: $0
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Baths: 3
Garage: 0
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