40 Cavell Ave

Mimico, Etobicoke, Toronto

40 Cavell Ave
40 Cavell Ave
40 Cavell Ave
+34
9
 bed
6
 bath
8
 parking
3500 - 5000
 sqft
For Sale
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159 days
 on site
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$3,079,000
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Size
-
Lot size
449.93 sqm
Street frontage
N
Possession
60-90
Price per sqm
$6,622 - $9,474
Taxes
$8,256 (2023)
Parking Type
-
Style
2-Storey
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Description
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.

EXTRAS: Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: W7314004
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Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
325-465 sqm
Lot front:
9.14 M
Lot depth:
49.68 M
Listed on:
Nov 21, 2023
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Chris Craddock
Sales Representative
Property.ca Inc., Brokerage
647-931-3711
© Property.ca Inc., Brokerage
MLS#: W7314004
Listed by ROYAL LEPAGE SIGNATURE REALTY

About 40 Cavell Ave

40 Cavell Ave is an Etobicoke multiplex for sale, near Royal York and Qew. 40 Cavell Ave has an asking price of $3079000, and has been on the market since November 2023. This 3500-5000 sqft multiplex has 9 beds and 6 bathrooms. 40 Cavell Ave resides in the Etobicoke Mimico neighbourhood, and nearby areas include Stonegate Queensway, New Toronto, Swansea and Baby Point.

Want to dine out? There are plenty of good restaurant choices not too far from 40 Cavell Ave, Toronto, like La Vinia, Pizzeria Oro di Napoli and Pemako Kitchen, just to name a few. Grab your morning coffee at Birds And Beans Cafe located at 2413 Lake Shore Boulevard W. Groceries can be found at Your Independent Grocer which is a 5-minute walk and you'll find B.Well Pharmacy only a 7 minute walk as well. Love being outside? Look no further than Mimico Linear Park, Humber Bay Park West Off-Leash Dog Park or Humber Bay Park East, which are only steps away from 40 Cavell Ave, Toronto.

Living in this Mimico multiplex is made easier by access to the TTC. OLD MILL STATION - EASTBOUND PLATFORM Subway stop is a 4-minute drive. There is also PORTLAND ST AT MILTON ST WEST SIDE BusStop, not far, with (Bus) route 76 Royal York South nearby. If you need to get on the highway often from 40 Cavell Ave, Gardiner Expressway and Islington Ave has both on and off ramps and is within a 4-minute drive.