40 Cavell Ave, Toronto, Ontario

$3,079,000

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9

Beds

6

Baths

3,500

Square feet

About 40 Cavell Ave

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.

Features of 40 Cavell Ave

MLS® # W7314004
Price $3,079,000
Bedrooms 9
Bathrooms 6.00
Square Footage 3500-5000
Acres 0.00
Type Residential
Sub-Type Multiplex
Style 2-Storey
Status A

Community Information

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

Amenities

Features Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.
Parking Spaces 8
Garages None
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Radiant
Cooling None
Fireplace No
Basement Finished

Exterior

Exterior Brick
Lot Description 29.64x163.40 Feet

Listing Details

OfficeROYAL LEPAGE SIGNATURE REALTY

Listing Map

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