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$ 2,499,900
Est. payment | /mo
9 Beds
6 Baths
$ 2,499,900
Est. payment | /mo
9 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Mimico
MLS Listing ID W12494214
Style 2-Storey
Bedrooms 9
Annual Tax Amount $18,686
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Toronto
Community Mimico
Area Toronto
Rooms
Basement Finished
Kitchen 6
Interior
Interior Features Other
Cooling None
Exterior
Parking Features None
Pool None
Roof Type Unknown
Total Parking Spaces 8
Building
Foundation Unknown
Others
Virtual Tour https://tours.vision360tours.ca/40-cavell-avenue-etobicoke/
Lited by ROYAL LEPAGE SIGNATURE REALTY