$3,079,000
Commercial
40 Cavell Ave
Toronto, Mimico M8V 1P2
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Beds · 0
Baths · 6
Description
Welcome to 40 Cavell Ave, a 6-unit Multiplex with a tremendousCap 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 Mass...ive 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. **** Extras **** Newer Furnace & Boiler (6 years), 4080 square feet above grade, and additional almost 2000 square feet below grade. VTB Mortgage available.
General
Type
Commercial
Style
-
Approximate Age
-
Square Footage
-
Taxes
$8,256 /yr
Maintenance Fee
-
Courtesy of:
ROYAL LEPAGE SIGNATURE REALTY