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$2,649,000
Available - For Sale
Listing ID: W12110534
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.
Price $2,649,000
Taxes: $8,256
Occupancy by: Owner+T
Address: 40 Cavell Aven , Toronto, M8V 1P2, Toronto
Directions/Cross Streets: Royal York and QEW
Rooms: 27
Bedrooms: 9
Bedrooms +: 0
Washrooms: 6
Family Room: T
Basement: Finished
No. of Pieces Level
Washroom 1 3 Second
Washroom 2 4 Main
Washroom 3 3 Main
Washroom 4 3 Basement
Washroom 5 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 8
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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ROYAL LEPAGE SIGNATURE REALTY

40 Cavell Aven , Toronto, M8V 1P2, Toronto

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Mimico
Style: 2-Storey
Lot Size: x 163.40(Feet)
Approximate Age:
Tax: $8,256
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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