Active
40 Cavell Ave
Toronto Ontario, M8V 1P2
$3,079,000
Active
9 Beds
6 Baths
Multi-family
Welcome to 40 Cavell Ave, a 6 Unit Multiplex with a fantastic 4.25% cap rate, in an area experiencing an incredible amount of growth by way of several mixed-use condo development projects nearby. A fantastic opportunity for investors looking to secure a foothold in the area. 3 2-bedroom apartments, 1 Massive 1-bedroom apartment, & 2 1-bedroom apartments. Modern Upgrades to majority of units, hallways, stairs and exterior. Separately metered units (7), Coin Laundry for added income, Expansive Rear Parking - 8 spots. Opportunity to add units to existing structure, Large Tenant Green space in Front Yard. Steps to Mimico GO Station, QEW, Lakeshore, Parks, Schools, San Remo's. High Return, Minimal Management turn-key building. Fire Inspection 2021. See agent for Income.
W7314004
MLSⓇ ID
May 9, 2024
Updated
Map
40 Cavell Ave
Toronto Ontario, M8V 1P2
Interior Features
Bedrooms
9
Total Bathrooms
6
Laundry Description
Lower
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 2:39 PM UTC, 5/9/2024