40 Cavell Avenue, Toronto, Ontario M8V 1P2

Listed for:

$2,499,900

9 beds

6 baths

Listed 19 days ago

Other for rent: 40 Cavell Avenue, Toronto, Ontario M8V 1P2

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Listing provided by:

ROYAL LEPAGE SIGNATURE REALTY

MLS® number:

W12494214

Agent:

Stephanie Daniela Knezevic

Phone:

(416) 837-9676

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About

Royal York and QEW Welcome to 40 Cavell Ave, A 6-unit Multiplex that provides a 5% Cap Rate. Current actual Net Income of $124,870.40 Cavell is located in the Mimico Area of Toronto(Etobicoke). 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 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:27476)

Property Highlights

MLS® Number

W12494214

Type

Multi-family

Community Name

Mimico

Land Size

29.6 x 163.4 FT ; Irregular 66.1 feet wide in rear

Parking Space Total

Building

Building Type

Other

Storeys

2.00

Square Footage

3500 - 5000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Exterior Finish

Brick

Fireplace Present

Basement Type

N/A (Finished)

Basement Features

Building Heating Type

Radiant heat

Heating Fuel

Natural gas

Building Cooling Type

None

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Location

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