43 Cosby Avenue, St Catharines

43 Cosby Avenue, St Catharines, ON L2M5R7 Photo 1

30 Photos

43 Cosby Avenue, St Catharines, ON L2M5R7 Photo 2
43 Cosby Avenue, St Catharines, ON L2M5R7 Photo 3
43 Cosby Avenue, St Catharines, ON L2M5R7 Photo 4
43 Cosby Avenue, St Catharines, ON L2M5R7 Photo 5
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43 Cosby Avenue, St Catharines, ON L2M5R7 Photo 7
  • Bedrooms: 6
  • Bathrooms: 3
  • Living area: 1260 sqft
  • MLS®: 40543144
  • Type: Townhouse
  • Added: 75 days ago

Property Details

Investors, seize the opportunity! Generating over a 6% cap rate, this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, has a gross income of $60,000. Fully occupied, this property boasts ample parking and a detached garage for added convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, ensure a contemporary and attractive investment. Situated in close proximity to major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether you're expanding your existing portfolio or venturing into real estate investment for the first time, this is the ideal opportunity to secure a property that combines a strong cap rate with a strategic location. Don't miss out on the chance to enhance or kickstart your investment portfolio! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Basement: Finished, Full
  • Year Built: 1945
  • Directions: Dieppe Rd & Welland Ave to Cosby
  • Living Area: 1260
  • Photos Count: 30
  • Water Source: Municipal water
  • Parking Total: 6
  • Bedrooms Total: 6
  • Structure Type: Triplex
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Subdivision Name: 445 - Facer
  • Tax Annual Amount: 2900
  • Exterior Features: Vinyl siding
  • Community Features: School Bus
  • Zoning Description: R2
  • Number Of Units Total: 3
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Nearby Places

Name Type Address Distance
Facer, St. Catharines It is located in the central part of the city, bou... 0.2 km
St. Catharines (electoral district) It consists of the part of the City of St... 1.2 km
St. Catharines It lies in Southern Ontario, 51 kilometres (32 mi)... 1.3 km
St. Catharines (provincial electoral district) The riding was redrawn in 1999, when Ontario adjus... 1.3 km
St. Catharines General Hospital Catharines, Ontario, Canada serving the Niagara Re... 1.4 km
Congregation B'nai Israel (St. Catharines) Founded early in the 20th century, its 1905 synago... 1.6 km
British Methodist Episcopal Church, Salem Chapel It is located at 92 Geneva St., in the heart of Ol... 1.7 km
Gatorade Garden City Complex It was the main arena facility in that city from i... 2.0 km
Gatorade Garden City Complex Stadium 8 Gale Crescent 2.0 km
Kernahan The community is centred at Victoria Lawn Cemetery... 2.4 km
Roman Catholic Diocese of Saint Catharines Catharines, Ontario.... 2.4 km
Garden City Skyway Six lanes of traffic are carried across the bridge... 2.4 km
Similar Townhouses Stat in St Catharines
We have found 6 Townhomes that closely match the specifications of the property located at 43 Cosby Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 598,900 and 779,800, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the L2M5R7 postal code area of St Catharines Ontario Canada.
43 Cosby Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 43 Cosby Avenue. The current price of the property is $749,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $599,200. This would result in a monthly mortgage payment of $3,502 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 20
Certificate of Qualification 10
College 80
University degree at bachelor level or above 20

Neighbourhood Marital Status Stat

Married 105
Widowed 15
Divorced 45
Separated 20
Never married 135
Living common law 45
Married or living common law 155
Not married and not living common law 210

Neighbourhood Construction Date

1961 to 1980 20
1991 to 2000 10
1960 or before 185
Comparison of 43 Cosby Avenue, St Catharines, ON with Nearby Townhouses
Nearby Cities Listings Avg. price
Thorold 212 $1.038.668
Fonthill 59 $1.236.406
Hamilton 2264 $1.115.404
Niagara Falls 674 $1.092.476
Niagara On The Lake 250 $1.656.621
Welland 312 $978.181
Beamsville 72 $1.130.502
Grimsby 247 $1.093.456
Popular Cities Listings Avg. price
Brantford 538 $942.191
Fort Erie 357 $916.138
Oakville 892 $1.960.351
Burlington 801 $1.600.491
Milton 409 $1.763.263
Toronto 7557 $1.177.305
Mississauga 1415 $1.323.569
Vaughan 758 $1.674.280
103 Hill Park Lane, St Catharines 20 Stanmary Drive, St Catharines 99 Page Street, St Catharines 99 Page Street, St Catharines 11 Stanmary Drive, St Catharines 13 Allan Drive, St Catharines 514 Welland Avenue, St Catharines 99 Page St, St Catharines