Key Facts
- MLS® #: X12703164
- Property ID: SIRC3054482
- Property Type: Residential, Multiplex
- Lot Size: 3,600 sq.ft.
- Year Built: 51
- Bedrooms: 6
- Bathrooms: 3
- Parking Spaces: 6
- Listed By:
- REVEL Realty Inc., Brokerage
Property Description
Investor Alert - 6.8% Cap Rate in Central St. Catharines! Meticulously updated and fully tenanted, this turnkey 3-unit investment property offers a strong 6.8% cap rate with a solid annual rental income. Each unit has been refreshed with updated flooring, kitchens, and bathrooms, providing a modern and marketable rental product. Major capital improvements include new central air (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. The property also features ample parking plus a detached garage, enhancing tenant convenience and long-term appeal. Ideally located in the core of St. Catharines with quick access to highways, transit routes, shopping, and amenities, this is a strategic addition to any portfolio. A rare opportunity to secure a solid income-producing asset in a high-demand rental market.
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Location
43 Cosby Ave, St. Catharines, Ontario, L2M 5R7 Canada
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