For SaleMultiplex · 1 1/2 StoreyMLS® #X13857566 · TRREB MLS®
43 COSBY Ave, St. Catharines, Ontario
Facer, St. Catharines, Ontario L2M 5R7
- Bedrooms
- 6
- Lot Size
- 40 x 90 ft
- Bathrooms
- 3
- Type
- Multiplex
- Basement
- Finished
$639,000
Estimated market value
About 43 COSBY Ave
43 COSBY Ave is a 6-bedroom, 3-bathroom multiplex in Facer, St. Catharines, listed for sale at an asking price of $639,000 (MLS® X13857566).
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.
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,179 / 2025
- MLS® number
- X13857566
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 40 x 90 ft
- Listed on
- Parking
- 2 Detached, 6 Parking
Listing history
Buy/sell history for 43 COSBY Ave, St. Catharines, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $639,000 | N/A | For Sale | X13857566 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Multiplex
- Style
- 1 1/2 Storey
- Community
- Facer
- Municipality
- St. Catharines
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Bathroom Details
- 3 × 3pc
- Basement Type
- Finished
- Kitchens
- 3
Parking
- Driveway
- Pvt Double
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 90 ft
- Lot Size
- 40 x 90 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- 3 Fridges, 3 Stoves,
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $9,255
- Total land transfer tax
- $9,255
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,255
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $639,000
- $4,780
- Ontario total
- $9,255
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 3.7 km3.7 km
Province of Ontario open data
Around the home1
- Nearest rail line: 500 m500 m
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Kemira Chemicals Canada Inc. — KEMIRA CHEMCIALS CANADA INC. - ST CATS., 590 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Prince of Wales Public SchoolDSB Niagara | Public · grades JK–8 | 350 m | 89%Grade 6 average |
| St Alfred Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 800 m | 77%Grade 6 average |
| Connaught Public SchoolDSB Niagara | Public · grades JK–8 | 1.2 km | 94%Grade 6 average |
| ÉÉC Immaculée-ConceptionConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.8 km | 51%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Laura Secord Secondary SchoolDSB Niagara | Public · grades 9–12 | 1.1 km | 63%Grade 9 math |
| St Catharines Collegiate Institute and Vocational SchoolDSB Niagara | Public · grades 9–12 | 1.9 km | 74%Grade 9 math |
| Eden High SchoolDSB Niagara | Public · grades 9–12 | 3 km | 73%Grade 9 math |
| Holy Cross Catholic Secondary SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 3.1 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St. Catharines GO | GO Transit train: Lakeshore West | 3.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Lot
- Lot area
- 3,600 sq ft334 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 90 ft27.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $127,800
- Total mortgage amount
- $511,200
- Total interest payment
- $363,600
- Total purchase cost
- $1,002,600
- Mortgage payment
- $2,916/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$3,181- Rent $0
- Shortfall $3,181
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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