For Sale

40 Cavell Avenue, Toronto W06, Ontario M8V 1P2

$2,649,000

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.

  • Multiplex
    Property Type
  • 9
    Bedrooms
  • 6
    Bathrooms
  • Parking
  • MLS ID: W12110534
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

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.

Property Details
  • Bedrooms: 9
  • MLS ID: W12110534
  • Bathrooms: 6
  • Price: $2,649,000
  • Lot Depth: 163.4
  • Transaction Types: For Sale
  • Ref ID: W12110534
  • Year Built: N/A
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Royal York and QEW
  • Status: Active
  • Tax Year: 2024
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
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 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mimico
  • $1,063,878 Average List Price
    based on 1 year
  • 278 New Listings
    based on 30 days
  • 39 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.66 % Up
  • Sold (12mo) 226
  • Rented (12mo) 708

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 67 Transit Score
    Good Transit
  • 86 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    32.01%
  • Commercial
    4.03%
  • Condo
    63.96%
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 8
  • Exterior Brick
  • Kitchen 6
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 2
  • Taxes: $8,256
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 29/04/2025 17:04:39
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