40 Cavell Avenue Toronto (Mimico), Ontario M8V 1P2
$2,499,900
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 areaexperiencing an incredible amount of growth by way of several mixed use condo development projects nearby. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroomapartments, 1 Extra Large l-Bedroom apartment, & 2 1-Bedroom apartments. Modern upgrades to 4 out ofthe 6 units as well as common areas and exterior. 7 separately metered units, Coin Laundry for addedincome, 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. (id:56889)
Property Details
| MLS® Number | W12494214 |
| Property Type | Multi-family |
| Community Name | Mimico |
| Equipment Type | Water Heater |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 3500 - 5000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 163 Ft ,4 In |
| Size Frontage | 29 Ft ,7 In |
| Size Irregular | 29.6 X 163.4 Ft ; Irregular 66.1 Feet Wide In Rear |
| Size Total Text | 29.6 X 163.4 Ft ; Irregular 66.1 Feet Wide In Rear |
https://www.realtor.ca/real-estate/29051357/40-cavell-avenue-toronto-mimico-mimico
Salesperson
(416) 837-9676
(416) 837-9676
www.stephaniek.ca/
https://www.facebook.com/steph.annie.967806
495 Wellington St W #100
Toronto, Ontario M5V 1G1
(416) 205-0355
(416) 205-0360
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October 31 2025 01:54:34
Toronto Real Estate Board
Royal LePage Signature Realty