Salehian.com 647-325-5000

43 COSBY Avenue

445 - Facer, St. Catharines, L2M 5R7

$639,000

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  • 6 bedrooms
  • 3 bathrooms
  • 6 parking
  • 1100-1500 sq ft

Listed 17 days ago · MLS® X13857566

About this home

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.

Details

Type
Multiplex
Style
1 1/2 Storey
Age
51-99 years
Size
1100-1500 sq ft
Lot
40 × 90 ft
Basement
Finished, Full
Garage
Detached
Kitchens
3
Property tax
$3,179 (2025)
Neighbourhood
445 - Facer
Municipality
St. Catharines

Interior

Bedrooms
6 above ground
Bathrooms
3 × 3-piece
Rooms
9 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
1 1/2 Storey
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Block
Age
51-99 years
Faces
West

Parking

Garage spaces
2
Total parking
6
Driveway and parking
Private Double

Lot

Size
40 × 90 ft (rectangular)
Acreage
< .50

More

Possession
Flexible
Nearby
Hospital, Public Transit, School Bus Route
Cross street
Dieppe Rd & Welland Ave to Cosby

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 3 grocery stores, 8 cafés and restaurants, 2 parks, 2 pharmacies. Nearest grocery: Bulk Barn (800 m). Nearest park: Pearson Park (850 m).

Schools nearby

Elementary

  • Prince of Wales Public School
    EQAO: Gr 6 reading 95%, math 77%    6 min walk
  • St. Alfred Catholic Elementary School Catholic
    EQAO: Gr 6 reading 96%, math 43%    14 min walk
  • Connaught Public School
    EQAO: Gr 6 reading 95%, math 86%    18 min walk
  • Carleton Public School
    EQAO: Gr 6 reading 90%, math 75%    1.5 km

Secondary

  • St. John Adult Learing Centre Catholic16 min walk
  • Laura Secord Secondary School
    EQAO: Gr 9 math 63%, literacy test 85%    16 min walk
  • St. Catharines Collegiate Catholic
    EQAO: Gr 9 math 74%, literacy test 85%    1.9 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L2M

Owners / renters
64% / 36%
Median household income
$72,000
Average age
45
Children under 15
15%
Homes
58% detached, 13% high-rise
Commute by transit
3%
Population
33,704

Languages spoken most at home besides English: Spanish 1.9%, Polish 0.8%, Italian 0.7%, Arabic 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 54 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ QEW300 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REVEL Realty Inc., Brokerage.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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