40 Cavell Avenue Toronto, Ontario M8V 1P2
$2,649,000
Welcome to 40 Cavell Ave, A 6-unit Multiplex that provides a 4.3% Cap Rate. Current actual Net Income of $124,870. 40 Cavell is located in the Mimico Area of Toronto(Etobicoke), an area experiencing an incredible amount of growth by way of several mixed use condo development project s nearby. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large l-Bedroom apartment, & 2 1-Bedroom apartments. Modern upgrades to 4 out of the 6 units as well as common areas and exterior. 7 separately metered units, Coin Laundry for added income, and expansive rear parking - 8 spots. Opportunity exists to add units to existing structure. Large Tenant Green Space in front yard. Steps to Mimico Go station, QEW, Lakeshore, parks, Schools, san Remo Bakery. High return, minimal management turn-key building. (id:61852)
Property Details
| MLS® Number | W12110534 |
| Property Type | Multi-family |
| Neigbourhood | Mimico-Queensway |
| Community Name | Mimico |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 9 |
| BedroomsTotal | 9 |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ExteriorFinish | Brick |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 163 Ft ,4 In |
| SizeFrontage | 29 Ft ,7 In |
| SizeIrregular | 29.6 X 163.4 Ft ; Irregular 66.1 Feet Wide In Rear |
| SizeTotalText | 29.6 X 163.4 Ft ; Irregular 66.1 Feet Wide In Rear |
https://www.realtor.ca/real-estate/28230123/40-cavell-avenue-toronto-mimico-mimico
Interested?
Contact us for more information
Stephanie Daniela Knezevic
Salesperson
495 Wellington St W #100
Toronto, Ontario M5V 1G1
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 29 2025 06:11:56
Toronto Real Estate Board
Royal LePage Signature Realty
