40 Cavell Ave (Royal York & Qew)
Price: $3,079,000
Status: For Sale
MLS®#: W7313994
- Tax: $8,256/Annual (2023)
- Community:Mimico
- City:Toronto
- Type:Commercial
- Style:Investment
- Bath:6
- Size: 4,080 Sq Ft
- Basement:Y
Features:
- HeatingRadiant
- Sewer/Water SystemsSanitary, Municipal
Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY
Description
Welcome to 40 Cavell Ave, a 6-unit Multiplex with a tremendous 4.26% 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. Set your own rate in two empty units (2 bed and 1 bed). 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.
Highlights
Newer Furnace & Boiler (6 years), 4080 square feet above grade, and additional almost 2000 square feet below grade. VTB Mortgage available.
Want to learn more about 40 Cavell Ave (Royal York & Qew)?
Stan Bernardo Real Estate Broker
Bernardo Real Estate Professional Group Royal LePage Signature Realty Brokerage
Service You Deserve. Results You Expect.
- (905) 568-2121
- (905) 568-2121
- (905) 568-2588
Real Estate Websites by Web4Realty
https://web4realty.com/