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Data was last updated 2023-12-14 at 21:47:15 GMT
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.
Listing Information
- Prop. Type:
- Multiplex
- Property Style:
- 2-Storey
- City:
- Toronto
- Status:
- Active
- MLS® Number:
- W7314004
- Bedrooms:
- 9
- Full Bathrooms:
- 6
- Neighbourhood:
- Mimico
- Area:
- Toronto
- Province:
- Ontario
- Listing Date:
- Nov 21, 2023
- Listing Price:
- $3,079,000
- Taxes:
- $8,256
General Information
- Size:
- 3500-5000
- Tax Year:
- 2023
- Frontage:
- N
- Lot Depth:
- 163.40
- Lot Front:
- 29.64
Additional Information
- Heating Type:
- Radiant
- Special Designations:
- Unknown
- Laundry Level:
- Lower
- Exterior:
- Brick
- Extras:
- Newer Furnace & Boiler (6 Years), 4080 Square Feet
- Fireplace/Stove:
- N
- Fuel:
- Gas
- Garage Type:
- None
- Seller Info Statement:
- N
- Parking spaces:
- 8
- Total Rooms:
- 27
- Lot Irregularities:
- Irregular 66.10 Feet In Rear
- Driveway:
- Private
Room Information
- Type:
- Level
- Dimensions
- Description
Land Information
- Pool:
- None
- Sewer:
- Sewers
- Water Service:
- Municipal
Other Information
- Air Conditioning:
- None
- Basement Description:
- Finished
VIP-Only Information
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This property is listed by Royal Lepage Signature Realty and provided here courtesy of
Angelika Bekman.
For more information or to schedule a viewing please contact Angelika Bekman.
Angelika Bekman
Superior Realty Point
Phone: 416-520-2957
Mobile Phone: 416-520-2957
Inquire Via Email
Superior Realty Point
Phone: 416-520-2957
Mobile Phone: 416-520-2957
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.