157 days on market
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$2,649,000
For Sale

40 Cavell Ave

Mimico, Toronto

9+null Bed|6 Bath|Yes|157 days on market

$2,649,000

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Home Details

Taxes
$688 / month
Total Parking Spots
8
Driveway
Available
Garage Spaces
NaN
Furnished
No
Lot Size
29.64 x 163.4 Feet
Move-in Date
flexible
Hydro Included
No
Heating
Radiant
Water Included
No
Family Room
Yes
Basement
Finished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick
Sewer
Sewers
Property Type
Multiplex
Style
2-Storey
Status
New
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Listing Description

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.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Oct 27, 2024179$2,799,000N/AExpiredW9767744
May 21, 2024153$2,899,000N/AExpiredW8355882
Feb 15, 20246$2,200$2,200LeasedW8071846
Dec 11, 20232$2,600$2,600LeasedW7350024
Nov 22, 2023N/A$3,079,000N/ASoldW7313994
Nov 21, 2023162$3,079,000N/AExpiredW7314004
Jan 27, 201232$770,000$800,000SoldW2276017
Oct 30, 201193$770,000N/ATerminatedW2230049

Rooms

Room dimensions for 40 Cavell Ave, Toronto
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Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 40 Cavell Ave is 13747

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$2649000
Down Payment$529800
Mortgage Insurance$0
Total Mortgage$2119200

Monthly Payment


Mortgage Payment$13059
Property Taxes$688
Maintenance Fees$0
Monthly Payment$13747
$13747
monthly

About 40 Cavell Ave, Toronto

Located at 40 Cavell Ave , this Toronto house is available for sale. This property was listed for $2,649,000 on Tue Apr 29 2025. This house's size is 3500-5000 Sqft. It has 9 bedrooms and 6 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 40 Cavell Ave, Toronto is situated in the Mimico neighbourhood.


MLS#: W12110534 · $2,649,000 · 9 bedroom house in Mimico, Toronto