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$3,079,000
Available - For Sale
Listing ID: W7314004
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.
Extras:   Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.
Price $3,079,000
Taxes: $8,256
Address: 40 Cavell Ave , Toronto, M8V 1P2, Ontario
Lot Size: 29.64 x 163.4 (Feet)
Directions/Cross Streets: Royal York & Qew
Rooms: 27
Bedrooms: 9
Washrooms: 6
Kitchens: 6
Family Room: Y
Basement: Finished
No. of Pieces Level
Washroom 1 3 2nd
Washroom 2 3 Bsmt
Washroom 3 4 Main
Washroom 4 3 Main
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 8
Pool: None
Approximatly Square Footage: 3500-5000
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

40 Cavell Ave , Toronto, M8V 1P2, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto
Neighbourhood: Mimico
Style: 2-Storey
Lot Size: 29.64 x 163.40(Feet)
Approximate Age:
Tax: $8,256
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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