40 Cavell Avenue Toronto (Mimico), 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:50787)
Property Details
| MLS® Number | W12110534 |
| Property Type | Multi-family |
| Community Name | Mimico |
| Parking Space Total | 8 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 3500 - 5000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 163 Ft ,4 In |
| Size Frontage | 29 Ft ,7 In |
| Size Irregular | 29.6 X 163.4 Ft ; Irregular 66.1 Feet Wide In Rear |
| Size Total Text | 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
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April 29 2025 06:11:56
Toronto Real Estate Board
Royal LePage Signature Realty