40 Cavell Avenue, Toronto (Mimico), M8V1P2

Home Overview

Description

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. (id:39198)

12 days

On Market

Multi-family

Property Type

$18,686 / Year

Est. Taxes

Other

Style

-

Garage

Finished, N/A

Basement