ON > Toronto W06 > Mimico
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
Toronto W06, ON M8V 1P2,40 Cavell AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
24
Oct
Sat
25
Oct
Sun
26
Oct
Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 2,649,000
Est. payment | /mo

9 Beds

6 Baths

Save Virtual Tour
$ 2,649,000
Est. payment | /mo
Save Virtual Tour

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 W12110534

Style 2-Storey

Bedrooms 9

Annual Tax Amount $8,256

Tax Year 2024

Property Sub-Type Multiplex

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.

Location

Province ON

County Toronto

Community Mimico

Area Toronto

Rooms

Family Room Yes

Basement Finished

Kitchen 6

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Unknown

Lot Frontage 29.64

Lot Depth 163.4

Total Parking Spaces 8

Building

Foundation Unknown

Others

ParcelsYN No

Virtual Tour https://tours.vision360tours.ca/40-cavell-avenue-etobicoke/

Listed by ROYAL LEPAGE SIGNATURE REALTY
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Nine Mile Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

40 Cavell AVE