40 Cavell Avenue

Mimico, Etobicoke, Toronto

40 Cavell Avenue
40 Cavell Avenue
40 Cavell Avenue
+37
9
 bed
6
 bath
8
 parking
3500 - 5000
 sqft
Multiplex
$2,649,000
For Sale
33 days
 on site
$2,649,000
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Size
-
Lot size
4843 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$530 - $757
Taxes
$8,256 (2024)
Parking Type
-
Style
2-Storey
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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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: W12110534
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Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
3500-5000 sqft
Lot front:
29 Ft
Lot depth:
163 Ft
Listed on:
Apr 29, 2025
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Instant estimate:
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$286,727
lower than listed price
i
High
$2,446,517
Mid
$2,362,273
Low
$2,243,412
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About 40 Cavell Avenue

40 Cavell Avenue is an Etobicoke multiplex for sale. 40 Cavell Avenue has an asking price of $2649000, and has been on the market since April 2025. This multiplex has 9 beds, 6 bathrooms and is 3500-5000 sqft. 40 Cavell Avenue resides in the Etobicoke Mimico neighbourhood, and nearby areas include Stonegate Queensway, New Toronto, Swansea and Baby Point.

Some good places to grab a bite are Frecles Fox Restaurant, Royal Mimico Pub or Village Grill Restaurant. Venture a little further for a meal at one of Mimico neighbourhood's restaurants. If you love coffee, you're not too far from Country Style located at 2275 Lake Shore Blvd W. For groceries there is Mimico Bagel & Coffee which is only a 5 minute walk.

If you are looking for transit, don't fear, 40 Cavell Ave, Toronto has a public transit Bus Stop (Portland St at Milton St West Side) not far. It also has route Royal York South close by. 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.