ON
Toronto (Mimico)
M8V1P2
40 Cavell Avenue
40 Cavell Avenue, Toronto (Mimico), ON M8V1P2
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Listing Type
Multi Family
Listing Status
active
40
$2,649,000

Home Details for 40 Cavell Avenue

Price
$2,649,000
Type
Residential Income
Bedrooms
9
Bathrooms
6.0
Square feet
NaN
Parking
Days on site
194
Listing #
W12110534
Property 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. (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
Listing Courtesy: ROYAL LEPAGE SIGNATURE REALTY
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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