Main Photo: 43 Cosby Avenue in Niagara: 445 - Facer Commercial for sale (St. Catharines)  : MLS®# X11909920
Photo 1: 43 Cosby Avenue in Niagara: 445 - Facer Commercial for sale (St. Catharines)  : MLS®# X11909920
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X11909920
Bus Major:
Apts - 2 To 5 Units
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!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1260 sq. ft. Square Feet
Total Area:
1,260 sq. ft.
Depth:
89'7"
Frontage:
40'
Bathrooms:
3.0
Water supply:
Municipal
Zoning:
R2
Heating type:
Gas Forced Air Open
Garage:
Double Detached
Possession Details:
Flexible
HST Applicable To Sale Price:
No
Type Taxes:
Annual
Taxes:
$3,000 / 2024
Assessment:
$- / -
St. Catharines
445 - Facer
Niagara
HOT WATER TANK
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jan 06, 2025
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Listed by REVEL Realty Inc., Brokerage
Data was last updated May 5, 2025 at 04:15 PM (UTC)
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