$2,649,000
Available - For Sale
Listing ID: W12110534
40 Cavell Aven , Toronto, M8V 1P2, Toronto
| 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: | $8256.00 |
| Occupancy: | Owner+T |
| Address: | 40 Cavell Aven , Toronto, M8V 1P2, Toronto |
| Directions/Cross Streets: | Royal York and QEW |
| Rooms: | 27 |
| Bedrooms: | 9 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Second |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 3 | Main |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| 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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| ROYAL LEPAGE SIGNATURE REALTY |
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Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Toronto |
| Municipality: | Toronto W06 |
| Neighbourhood: | Mimico |
| Style: | 2-Storey |
| Tax: | $8,256 |
| Beds: | 9 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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