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Key Facts
Key facts for 43 COSBY Avenue
Property Type
Apartment, 1 1/2 Storey
Parking
Detached 2 garage, 6 parking
MLS #
X13857566
Size
1100-1500 sqft
Basement
Finished,Full
Listed on
2026-10-02
Lot size
40 x 90.0
Tax
$3,179 /yr
Days on Market
11
Approximate Age
51-99
Maintenance Fee
-
Description
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), fur...nace (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.
Full Property Details
Interior
Bedrooms
6
Total Bedrooms
6
Washrooms
3
Square Footage
1100-1500 sqft
Basement
Finished,Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Bedrooms
6
Total Bedrooms
6
Washrooms
3
Square Footage
1100-1500 sqft
Basement
Finished,Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
90.0
Front
40.0
Acreage
< .50
Driveway
Private Double
Lot Size
40 x 90.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
Detached
Garage Spaces
2
Zoning
R2
Depth
90.0
Front
40.0
Acreage
< .50
Driveway
Private Double
Lot Size
40 x 90.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
Detached
Garage Spaces
2
Zoning
R2
Building Description
Style
1 1/2 Storey
Home Type
Apartment
Subtype
Multiplex
Year Built
51-99
Property Orientation
West
Exterior Finish
Vinyl Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
1 1/2 Storey
Home Type
Apartment
Subtype
Multiplex
Year Built
51-99
Property Orientation
West
Exterior Finish
Vinyl Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Facer
Community
Facer
Taxes & Fees
Taxes
$3,179 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$3,179 /yr
Tax Year
2025
Occupancy
Tenant
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