40 Cavell Avenue, Mimico in Toronto, ON
This is a Multi-family Listing.
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40 Cavell Avenue, Mimico in Toronto
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. **** EXTRAS **** Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade. (id:6289)
$3,079,000
40 Cavell Avenue, Toronto, Ontario
Essential Information
- MLS® #W7314004
- Price$3,079,000
- Bedrooms9
- Bathrooms6.00
- Acres0.00
- TypeMulti-family
- Days on Website158
Amenities
- Parking Spaces8
Exterior
- ExteriorBrick
- Lot Description29.64 x 163.4 FT ; Irregular 66.10 Feet In Rear