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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.
City: Toronto
Neighborhood: Mimico
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Oct 27, 2024 | 179 | $2,799,000 | N/A | Expired | W9767744 |
May 21, 2024 | 153 | $2,899,000 | N/A | Expired | W8355882 |
Feb 15, 2024 | 6 | $2,200 | $2,200 | Leased | W8071846 |
Dec 11, 2023 | 2 | $2,600 | $2,600 | Leased | W7350024 |
Nov 22, 2023 | N/A | $3,079,000 | N/A | Sold | W7313994 |
Nov 21, 2023 | 162 | $3,079,000 | N/A | Expired | W7314004 |
Jan 27, 2012 | 32 | $770,000 | $800,000 | Sold | W2276017 |
Oct 30, 2011 | 93 | $770,000 | N/A | Terminated | W2230049 |
Purchase Price | $2649000 |
Down Payment | $529800 |
Mortgage Insurance | $0 |
Total Mortgage | $2119200 |
Mortgage Payment | $13059 |
Property Taxes | $688 |
Maintenance Fees | $0 |
Monthly Payment | $13747 |
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