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Listed by Royal Lepage Signature Realty.
40 Cavell Avenue is a Multiplex, 2-Storey and is currently for Sale @ $3,079,000. Taxes in 2023 were $8,256.00.
More homes for sale under 3.1M in Toronto
Welcome to 40 Cavell Ave, a 6 Unit Multiplex with a fantastic 4. The 2-Storey on 40 Cavell Avenue has 9 bedrooms, 6 bathrooms, and is located on a 163.40 x 29.64 ft lot in the community of Mimico .25% cap rate, in 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 secure a foothold in the area. 3 2-bedroom apartments, 1 Massive 1-bedroom apartment, & 2 1-bedroom apartments. Modern Upgrades to majority of units, hallways, stairs and exterior. Separately metered units (7), Coin Laundry for added income, Expansive Rear Parking - 8 spots. Opportunity to add units to existing structure, Large Tenant Green space in Front Yard. Steps to Mimico GO Station, QEW, Lakeshore, Parks, Schools, San Remo's. High Return, Minimal Management turn-key building. Fire Inspection 2021. See agent for Income.
Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.
The address 40 Cavell Avenue was listed for sale (MLS# W7314004) on Tuesday, November 21, 2023.
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| List Date | List Price | Last Status | Sold Date | Sold Price | Days On Market |
|---|---|---|---|---|---|
| 0000-00-00 | $00000 | Sld | Feb 28, 2012 | $800,000 | |
| 0000-00-00 | $00000 | Ter | N/A | N/A | N/A |
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29.64 x 163.40 ft lot
