40 CAVELL AVENUE, Toronto , Ontario
$2,899,000
- 9 Beds
- 6 Baths
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 are experiencing an incredible amount of growth by way of several mixed use condo development projects near by. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large 1-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. (id:56762)
- Listing ID: W8355882
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 40 CAVELL AVENUE in Toronto Ontario. It was last modified on May 21st, 2024. Contact Sandra Diab to schedule a viewing or to discover other Toronto real estate for sale.