40 Cavell Avenue

Toronto, ON M8V 1P2 ( Mimico)

Quick Facts

Type: Multiplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 8,256 ( 2024)

Updated: 2025-04-29 17:04:39

Description

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.

Extras

Multiplex

Property

Status: For Sale

MLS #: W12110534

Price: $ 2,649,000

Address: 40 Cavell Avenue

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 8,256

Tax Year: 2024

Lot Size:

Neighbourhood: Mimico

Nearest Intersection: Royal York and QEW

City: Toronto

Postal Code: M8V 1P2

DOM: 98 Days

Last Update: 2025-04-29 17:04:39

 

Building

Interior

Bedrooms: 9

Bathrooms: 6

Rooms: 0

Kitchens: 6

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Available

Garage Spaces:

Parking Spaces: 8.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Radiant

Heat Source: Gas

Air Conditioning: None

Water:

Sewers:

 

Features

 

Rooms