Active
40 Cavell Ave
Toronto Ontario, M8V 1P2
C$2,899,000
Active
9 Beds
6 Baths
Multi-family
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 are experiencing an incredible amount of growth by way of several mixed use condo development projects near by. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large 1-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.
W8355882
MLSⓇ ID
October 2, 2024
Updated
Map
40 Cavell Ave
Toronto Ontario, M8V 1P2
Interior Features
Bedrooms
9
Total Bathrooms
6
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiant, Gas
Exterior/Building Features
Lot Size
0.11 Acres
Sewer
Sewers
Other Property Details
Area Name
Mimico
Taxes
$8,256
Tax Frequency
Annually
Garage
No
Parking
None
Parking Total
8
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Pool Features
None
Courtesy of Listed by , ROYAL LEPAGE SIGNATURE REALTY,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 1:44 AM UTC, 10/2/2024