40 Cavell Ave Toronto, Ontario M8V 1P2
$3,079,000
Welcome to 40 Cavell Ave, a 6-unit Multiplex with a tremendousCap 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. Set your own rate in two empty units (2 bed and 1 bed). 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.**** EXTRAS **** Newer Furnace & Boiler (6 years), 4080 square feet above grade, and additional almost 2000 square feet below grade. VTB Mortgage available. (id:46317)
Property Details
| MLS® Number | W7313994 |
| Property Type | Multi-family |
| Community Name | Mimico |
| Parking Space Total | 8 |
Building
| Bathroom Total | 6 |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 4080 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 29.64 X 163.4 Ft ; Lot 66 Feet Wide In Back |
| Size Total Text | 29.64 X 163.4 Ft ; Lot 66 Feet Wide In Back |
https://www.realtor.ca/real-estate/26300490/40-cavell-ave-toronto-mimico
Salesperson
(416) 837-9676
(416) 837-9676
www.stephaniek.ca/
https://www.facebook.com/steph.annie.967806
(416) 205-0355
(416) 205-0360
Interested?
Contact us for more information
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November 27 2023 02:22:33
Toronto Real Estate Board
Royal LePage Signature Realty