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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.
City: St. Catharines
Neighborhood: Facer
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| May 9, 2025 | 35 | $716,500 | $683,000 | Sold | X12139021 |
| Jan 6, 2025 | 120 | $729,900 | N/A | Expired | X11909918 |
| Jan 6, 2025 | N/A | $729,900 | N/A | Terminated | X11909920 |
| Nov 15, 2024 | N/A | $729,900 | N/A | Sold | X11882650 |
| Nov 15, 2024 | 52 | $729,900 | N/A | Suspended | X10432667 |
| Oct 6, 2024 | N/A | $739,900 | N/A | Sold | X9414800 |
| Sep 26, 2024 | N/A | $779,900 | N/A | Sold | X8875771 |
| Feb 20, 2024 | 107 | $749,000 | N/A | Terminated | X8079466 |
| Jan 3, 2024 | 48 | $779,900 | N/A | Suspended | X7376220 |
| Jul 28, 2022 | 33 | $749,000 | N/A | Terminated | X5714828 |

| Purchase Price | $699000 |
| Down Payment | $139800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $559200 |
| Mortgage Payment | $3446 |
| Property Taxes | $265 |
| Maintenance Fees | $0 |
| Monthly Payment | $3711 |
Located at 43 Cosby Ave , this St. Catharines house is available for sale. This property was listed for $699,000 on Fri Jan 16 2026. This house's size is 1100-1500 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 43 Cosby Ave, St. Catharines is situated in the Facer neighbourhood.
MLS#: X12703164 · $699,000 · 6 bedroom house in Facer, St. Catharines