40 Cavell Ave

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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98 days
 on site
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$3,079,000
Click to open the pre-gallery to get the direction
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
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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About 40 Cavell Ave

40 Cavell Ave is an Etobicoke multiplex for sale right off Royal York and Qew. This 3500-5000 sqft multiplex was listed at $3079000 in November 2023 and has 9 beds and 6 bathrooms. Situated in Etobicoke's Mimico neighbourhood, Stonegate Queensway, New Toronto, Swansea and Baby Point are nearby neighbourhoods.

There are quite a few restaurants to choose from around 40 Cavell Ave, Toronto. Some good places to grab a bite are Queen's Pasta and Mimico Pub & Grill. Venture a little further for a meal at Two Brothers, La Vinia or Koshaa Fine Indian Cuisine. If you love coffee, you're not too far from 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. As for close-by schools, Early Adventures Nursery School & Child Care Centre is a 5-minute walk from 40 Cavell Ave, Toronto.

Transit riders take note, 40 Cavell Ave, Toronto is not far to the closest TTC BusStop (PORTLAND ST AT MILTON ST WEST SIDE) with (Bus) route 76 Royal York South. OLD MILL STATION - EASTBOUND PLATFORM Subway is also a 4-minute drive. For drivers at 40 Cavell Ave, it might be easier to get around the city getting on or off Gardiner Expressway and Islington Ave, which is within a 4-minute drive.

Mariya Lopez Torres
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: W7314004
Listed by ROYAL LEPAGE SIGNATURE REALTY