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:52316)
ROYAL LEPAGE SIGNATURE REALTY
$2,649,000
40 CAVELL AVENUE, Toronto, Ontario
9 Bedrooms
6 Bathrooms
Property
MLS® Number: W12110534
Address: 40 CAVELL AVENUE
City: Toronto
Exterior: Brick
Utilities
Heating: Radiant Heat, Natural Gas
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
86/100Walk Score®
Very Walkable
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Location
