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. EXTRAS Newer furnace and boiler (6years). Fire Inspection 2021. 4800 Square Feet above grade and an almost 2000 square feet below. Recent vacant units were leased in less than a week for full ask - high demand area. (id:55598)
- MLS® W8355882
- Date Listed05/21/2024
- Days on Realty 90 Days
- Bedrooms 9
- Bathrooms 6 baths
- Lot Size -
- Sewer Other
- Subdivision Mimico
- Property Type Other
- Water Public
Interior Features
- Heating Radiant Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
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Frequently Asked Questions for 40 CAVELL AVENUE
Source: Realty.com
40 CAVELL AVENUE, Toronto, ON M8V1P2 is a Other, Residential Income property listed for $2,899,000 The property is 0 sq. ft with 9 bedrooms and 6 bathrooms
Realty.com has 40 photos of 40 CAVELL AVENUE.
The full address for this home is 40 CAVELL AVENUE, Toronto, ON M8V1P2.
40 CAVELL AVENUE has been listed on Realty.com since Tue May 21, 2024
The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 68/100, Bike Score: 67/100.
Listing provided courtesy of:
ROYAL LEPAGE SIGNATURE REALTY
(tel: (416) 205-0355)
Listing agent:
STEPHANIE DANIELA KNEZEVIC
(tel: (416) 837-9676)
This content last refreshed on 2024-08-19 15:10:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 40 CAVELL AVENUE, Toronto, ON M8V1P2 : MLS® W8355882