Welcome to 40 Cavell Ave, a 6 Unit Multiplex with a fantastic 4.25% cap 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. 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. See agent for Income.
Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.
City: Toronto
Neighborhood: Mimico
Located at 40 Cavell Ave , this Toronto house was listed for $3,079,000. 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#: W7314004 · $3,079,000 · 9 bedroom house in Mimico, Toronto