Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
40
See all 40 photos
$2,649,000
Est. payment /mo
9 Beds
6 Baths
New

40 Cavell AVE Toronto W06, ON M8V 1P2

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Kenneth Yim

Kenneth Yim

Keller Williams Referred Urban Realty

+1(416) 651-5653

UPDATED:

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

Basement Finished

Kitchen 6

Interior

Interior Features Other

Cooling None

Exterior

Parking Features None

Pool None

Roof Type Unknown

Total Parking Spaces 8

Building

Foundation Unknown

Others

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


Lited by ROYAL LEPAGE SIGNATURE REALTY

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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