ON > Toronto W06 > Mimico
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
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Paula McFarlane

Paula McFarlane

+1(519) 860-8697
$ 2,649,000
Est. payment | /mo

9 Beds

6 Baths

Save Virtual Tour
$ 2,649,000
Est. payment | /mo
Save Virtual Tour

9 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Mimico

MLS Listing ID W12110534

Style 2-Storey

Bedrooms 9

Annual Tax Amount $8,256

Tax Year 2024

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Toronto

Community Mimico

Area Toronto

Rooms

Family Room Yes

Basement Finished

Kitchen 6

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Unknown

Lot Frontage 29.64

Lot Depth 163.4

Total Parking Spaces 8

Building

Foundation Unknown

Others

Virtual Tour https://tours.vision360tours.ca/40-cavell-avenue-etobicoke/

Listed by ROYAL LEPAGE SIGNATURE REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(519) 860-8697

paularmcfarlane@gmail.com

1-389 Queens Ave., London, ON, N6B 1X5, CAN

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40 Cavell AVE