40 Cavell Avenue, Toronto W06, Ontario M8V 1P2 is For Sale and has a listing price of 2,649,000. The property is located in the Mimico neighbourhood . It's been on the website for 77 Days.
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.
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
04/29/2025 | W12110534 | $2,649,000 | For Sale | - | - |
10/29/2024 | W9767744 | $2,799,000 | For Sale | - | - |
05/21/2024 | W8355882 | $2,899,000 | Expired | - |