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Data was last updated 2023-11-27 at 08:14:11 GMT
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.
Listing Information
- Prop. Type:
- Investment
- City:
- Toronto
- Status:
- Active
- MLS® Number:
- W7313994
- Full Bathrooms:
- 6
- Neighbourhood:
- Mimico
- Area:
- Toronto
- Province:
- Ontario
- Listing Date:
- Nov 21, 2023
- Listing Price:
- $3,079,000
- Taxes:
- $8,256
- List Price Code:
- For Sale
General Information
- Tax Type:
- Annual
- Lot Code:
- Lot
- Fin. Statements Available:
- Y
- Franchise?:
- N
- Freestanding?:
- Y
- Office Area:
- 4080 Sq Ft
- Total Area:
- 4080.00 Sq Ft
- Possession Terms:
- 60-90
- Tax Year:
- 2023
- Lot Irregularities:
- Lot 66 Feet Wide In Back
- Lot Depth:
- 163.40
- Lot Front:
- 29.64
Additional Information
- Heating Type:
- Radiant
- Chattels:
- N
- Basement Description:
- Y
- Elevator:
- None
- Extras:
- Newer Furnace & Boiler (6 years), 4080 square feet
- Garage Type:
- None
- Parking spaces:
- 8
- Utilities Available:
- A
Financial Information
- Days Open:
- V
Land Information
- Rail:
- N
- Sewer:
- Sanitary
- Water Service:
- Municipal
Other Information
- Business Type:
- Other
- Property Type:
- Apartment
- Air Conditioning:
- Part
- Zoning:
- RM
- Seller Info Statement:
- N
VIP-Only Information
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This property is listed by Royal Lepage Signature Realty and provided here courtesy of
WB Group.
For more information or to schedule a viewing please contact WB Group.
WB Group
Keller Williams Referred Urban Realty, Brokerage
Phone: 416 651-1777
Mobile Phone: 416 651-1777
Inquire Via Email
Keller Williams Referred Urban Realty, Brokerage
Phone: 416 651-1777
Mobile Phone: 416 651-1777
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.