40 Cavell Ave

Mimico, Etobicoke, Toronto

40 Cavell Ave
40 Cavell Ave
40 Cavell Ave
+37
9
 bed
6
 bath
8
 parking
-
 sqft
Multiplex
$2,899,000
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$2,899,000
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Size
-
Lot size
449.93 sqm
Street frontage
N
Possession
Flexible
Price per sqm
-
Taxes
$8,256 (2023)
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 projects nearby. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large 1-Bedroom apartment, & 2 1-Bedroom apartments. Modern upgrades to 4 out ofthe 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.

EXTRAS: Newer furnace and boiler (6 years). Fire Inspection 2021. 4800 Square Feet above grade and an almost 2000 square feet below. Recent vacant units were leased in less than a week for full ask - high demand area.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: W9767744
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Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
-
Lot front:
9.14 M
Lot depth:
49.68 M
Listed on:
Oct 28, 2024
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Instant estimate:
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$377,641
lower than listed price
i
High
$2,611,277
Mid
$2,521,359
Low
$2,394,493
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38 Uno Dr
1/40
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5BA
3 Parking
3,000-3,500 sqft
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Mariya Lopez Torres
Sales Representative
Property.ca Inc., Brokerage
647-492-0387
© Property.ca Inc., Brokerage
MLS#: W9767744
Listed by ROYAL LEPAGE SIGNATURE REALTY

About 40 Cavell Ave

40 Cavell Ave is an Etobicoke multiplex for sale, near Royal York and QEW. This multiplex was listed at $2899000 in October 2024 and has 9 beds and 6 bathrooms. Situated in Etobicoke's Mimico neighbourhood, Stonegate Queensway, New Toronto, Swansea and Baby Point are nearby neighbourhoods.

40 Cavell Ave, Toronto is a 6-minute walk from Country Style for that morning caffeine fix and if you're not in the mood to cook, Frecles Fox Restaurant, Royal Mimico Pub and Village Grill Restaurant are near this multiplex. Groceries can be found at Mimico Bagel & Coffee which is a 5-minute walk and you'll find Dr Navaratne only a 4 minute walk as well. For nearby green space, Queens Avenue Parkette and Stanley Avenue Park could be good to get out of your multiplex and catch some fresh air or to take your dog for a walk.

Transit riders take note, 40 Cavell Ave, Toronto is not far to the closest public transit Bus Stop (Portland St at Milton St West Side) with route Royal York South. Residents of 40 Cavell Ave also have easy access to Gardiner Expressway, which is within a 4-minute drive using Islington Ave ramps.