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
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:
orto view instant estimate
$346,668
lower than listed pricei
High
$2,384,439
Mid
$2,302,332
Low
$2,186,487
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1/49
$2,898,000
20 days
4+1BD
6BA
4 Parking
3,500-5,000 sqft
MLS#: W12393822
ROYAL LEPAGE REAL ESTATE SERVICES LTD.