40 Cavell Ave Toronto, Ontario M8V 1P2

6 Bathroom 4080 sqft
Partially Air Conditioned Radiant Heat


Welcome to 40 Cavell Ave, a 6-unit Multiplex with a tremendousCap 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. Set your own rate in two empty units (2 bed and 1 bed). 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. **** EXTRAS **** Newer Furnace & Boiler (6 years), 4080 square feet above grade, and additional almost 2000 square feet below grade. VTB Mortgage available. (id:48469)

Property Details

MLS® Number W7313994
Property Type Multi-family
Community Name Mimico
Parking Space Total 8


Bathroom Total 6
Cooling Type Partially Air Conditioned
Heating Type Radiant Heat
Size Interior 4080 Sqft
Type Multi-family
Utility Water Municipal Water


Acreage No
Sewer Sanitary Sewer
Size Irregular 29.64 X 163.4 Ft ; Lot 66 Feet Wide In Back
Size Total Text 29.64 X 163.4 Ft ; Lot 66 Feet Wide In Back



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