$2,899,000

9 Bed, 6 Bath, 2-Storey home is located near Royal York and QEW in Mimico.

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 projects nearby. 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 ofthe 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.

40 Cavell Ave, Toronto is a 9 bedroom, 6 bathroom residential 2-Storey multiplex home. 40 Cavell Ave, Toronto is conveniently located in the Mimico neighbourhood of Toronto Ontario. 40 Cavell Ave, Toronto is an MLS®-Listed home with an asking price of $2,899,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 40 Cavell Ave, Toronto, the estimated monthly mortgage payment would be $14,008. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 40 Cavell Ave, Toronto are approximately $8,256/year based on 2023 assessment.

This 2-Storey multiplex home located at 40 Cavell Ave, Toronto features a Brick exterior. The lot size of this North facing property is 29.64 x 163.4 feet. The property has 8 parking spaces. The home has Gas fueled Radiant heating and has no air conditioning.