Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$729,900
Available - For Sale
Listing ID: X11909920
43 Cosby Ave , St. Catharines, L2M 5R7, Ontario
| 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: | $3000.00 |
| 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: | 40.00 x 89.60 (Feet) |
| Directions/Cross Streets: | Welland & Dieppe |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 1260.00 |
| Total Area Code: | Sq Ft |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL Realty Inc., Brokerage |
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|
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 445 - Facer |
| Lot Size: | 40.00 x 89.60(Feet) |
| Tax: | $3,000 |
| Baths: | 3 |
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