$2,499,900
Available - For Sale
Listing ID: W12494214
40 Cavell Avenue , Toronto, M8V 1P2, Toronto


Welcome to 40 Cavell Ave, A 6-unit Multiplex that provides a 5% Cap Rate. Current actual Net Income of $124,870.40 Cavell is located in the Mimico Area of Toronto(Etobicoke). 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.
Price $2,499,900
Taxes: $18686.00
Occupancy: Owner+T
Address: 40 Cavell Avenue , Toronto, M8V 1P2, Toronto
Directions/Cross Streets: Royal York and QEW
Rooms: 27
Bedrooms: 9
Bedrooms +: 0
Family Room: T
Basement: Finished
Washroom Type No. of Pieces Level
Washroom Type 1 3 Second
Washroom Type 2 4 Main
Washroom Type 3 3 Main
Washroom Type 4 3 Basement
Washroom Type 5 0
Washroom Type 6 3 Second
Washroom Type 7 4 Main
Washroom Type 8 3 Main
Washroom Type 9 3 Basement
Washroom Type 10 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 8
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
Personal Picture
HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Mimico
Style: 2-Storey
Lot Size: x 163.40(Feet)
Approximate Age:
Tax: $18,686
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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