- For Sale
- 1 years ago
- 19 views
40 Cavell Avenue, Toronto, ON, M8V 1P2
$2,899,000
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 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 Extr
a 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. **** EXTRAS **** Newer furnace and boiler (6years). Fire Inspection 2021. 4800 Square Feet above grade and an almost 2000 square feet below. Recent vacant units were leased in less than a week for full ask - high demand area. (id:25314)
Facts and Features
Type
Multi-family
year built
No Data
lot size
29.64 x 163.4 Acre
Bedrooms
9
bathrooms
6
Garage
8
Status
Active
Property Overview
- Property ID
- 42402
- Category
- Residential
- Unit Number
- No Data
- View
- No Data
- Lot Size Dimensions
- 29.64 x 163.4 Acre
- Lot Features
- No Data
- Common Interest
- No Data
Building and Architecture
- Building Type
- Other
- Architecture Style
- No Data
- Stories
- 2
- Roof
- No Data
- Foundation Details
- Unknown
- Exterior Features
- Brick
- Construction Materials
- No Data
Interior Features
- Living Area
- No Data
- Above Ground Finished Area
- No Data
- Below Ground Finished Area
- No Data
- Basement
- Finished, N/A
- Flooring
- No Data
- Fireplace
- No
- Fireplaces Total
- No Data
- Fireplace Features
- No Data
Parking
- Parking Type
- No Data
- Parking Spaces
- 8
- Additional Parking Type
- No Data
- Additional Parking Spaces
- No Data
- Parking Fee
- No Data
- Parking Fee Frequency
- No Data
Property Features
- Heating
- Radiant heat, Natural gas
- Cooling
- No Data
- Electric
- No Data
- Sewer
- Sanitary sewer
- Water Source
- Municipal water
- Utilities
- No Data
- Community
- No Data
- Security
- No Data
Other Information
- Association Name
- No Data
- Association Fee
- No Data
- Association Fee Frequency
- No Data
- Association Fee Includes
- No Data
- Tax Annual Amount
- $8,256.00
- Existing Lease Type
- No Data
- Zoning
- No Data
- Zoning Description
- No Data
