40 Cavell Ave, Toronto, Ontario

$3,079,000

Previous Next

6

Baths

4,080

Square feet

About 40 Cavell Ave

Welcome to 40 Cavell Ave, a 6-unit Multiplex with a tremendousCap 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. Set your own rate in two empty units (2 bed and 1 bed). 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.

Features of 40 Cavell Ave

MLS® # W7313994
Price $3,079,000
Bathrooms 6.00
Square Footage 4080.00
Type Commercial
Sub-Type Investment
Status A

Community Information

Address 40 Cavell Ave
Area Toronto
Subdivision Mimico
City Toronto
Province Ontario
Postal Code M8V 1P2

Amenities

Utilities A
Features Newer Furnace & Boiler (6 years), 4080 square feet above grade, and additional almost 2000 square feet below grade. VTB Mortgage available.
Parking Spaces 8
Garages None

Interior

Heating Radiant
Has Basement Yes

Exterior

Lot Description 29.64x163.40 Feet

Additional Information

Zoning RM

Listing Details

OfficeROYAL LEPAGE SIGNATURE REALTY

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?