40 Cavell Ave

Toronto, ON M8V 1P2
  • $2,649,000

    Price
  • 9

    Bed
  • 6

    Bath
  • 3,500

    SqFt

About the Listing 572002 -

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.

Listing Highlights for 40 Cavell Ave

Status Active
Days on Site 135
Property Type Multi-Family
MLS ® W12110534
Year Built
Total Square Footage 3,500
Lot/Acreage N/A
County Toronto
Neighborhood Mimico

Interior Details

  • Bedrooms: 9
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Unknown
  • Others:
  • Sewer: Sewer
  • Parking Features: Available

Financial Details

  • Tax Amount: $8,256
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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40 Cavell Ave Toronto, ON M8V 1P2

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