43 Cosby Avenue
St. Catharines (Facer), ON L2M 5R7
- 6Bedrooms
- 3Bathrooms
- 6Parking
- 1100–1500Sq Ft
- $3,179Tax
- 40×90 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 43 Cosby Avenue, St. Catharines, Facer
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 43 Cosby Avenue, St. Catharines, Facer
Summarized Description
- Generates almost $60,000 in annual rental income.
- Impressive 7.0% cap rate for investors.
- Updated suites with modernized features.
- New central air conditioner and roof.
- Fully occupied units ensure immediate cash flow.
- Located in a strong rental market.
- Close to amenities and public transit.
- Opportunities like this are rare.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,179
- Land Transfer Tax Fee
- $9,255
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- Finished, Full
Interior Features
- Interior Extras
- Other
- Security Features
- Carbon Monoxide Detectors
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Public Transit, School Bus Route
Building
- Building Type
- Multiplex
- Building Style
- 1 1/2 Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 40.00 ft
- Lot Depth
- 90.00 ft
- Lot Size
- 90 x 40
- Lot Shape
- Rectangular
- Lot Size Code
- 90 x 40
Inclusions
- Inclusions
- 3 Fridges, 3 Stoves
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 3-piece
- Municipality
- St. Catharines
- Neighbourhood
- Facer
- Main cross streets
- Dieppe Rd & Welland Ave to Cosby
- Zoning
- R2
- Directions
- Dieppe to Cosby
- MLS® number
- X13857566
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-02
- Updated on
- 2026-10-02
- Days on market
- 13 days
- Possession type
- Flexible
- Co-op commission
- 2%+Hst
- Seller
- Listed by
- REVEL Realty Inc., Brokerage
Home Market Value
Current home valuation for 43 Cosby Avenue, St. Catharines, Facer, St. Catharines, ON. Listed for $639,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 43 Cosby Avenue, St. Catharines, Facer
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $139,000 over $500K
$38,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,001 | $17,828 | $15,208 | $0 |
=Total mortgage | $624,022 | $592,928 | $558,358 | $511,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,047monthly | $2,895monthly | $2,726monthly | $2,496monthly |
Land Transfer Tax
$9,255
$9,255
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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