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$2,649,000.00
40 CAVELL AVENUE, Toronto (Mimico), Ontario, M8V1P2, Canada Listing ID: W12110534| Bathrooms | Bedrooms | Property Type |
|---|---|---|
| 6 | 9 | 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 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:31565)
Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 22 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.Additional Information
| Amenity Near By | |
|---|---|
| Features | |
| Maintenance Fee | |
| Maintenance Fee Payment Unit | |
| Management Company | |
| Ownership | |
| Parking |
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| Transaction | For sale |
Building
| Bathroom Total | 6 |
|---|---|
| Bedrooms Total | 9 |
| Bedrooms Above Ground | 9 |
| Basement Development | Finished |
| Basement Type | N/A (Finished) |
| Exterior Finish | Brick |
| Fireplace Present | |
| Foundation Type | Unknown |
| Heating Fuel | Natural gas |
| Heating Type | Radiant heat |
| Size Interior | 3500 - 5000 sqft |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal water |
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®)
Toronto Real Estate Board
ROYAL LEPAGE SIGNATURE REALTY
28230123
Tue, 29 Apr 2025 18:11:56 GMT
