Lincoln Realty Ltd.
$3,079,000
Apartment
40 Cavell Ave
Toronto, Mimico M8V 1P2
No obligation, free tour cancelation.
Beds · 9
Baths · 6
Sqft · 3500-5000
Description
Welcome to 40 Cavell Ave, a 6 Unit Multiplex with a fantastic 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 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.
General
Type
Apartment
Style
2-Storey
Approximate Age
-
Square Footage
3500-5000 sqft
Taxes
$8,256 /yr
Maintenance Fee
-
Courtesy of:
ROYAL LEPAGE SIGNATURE REALTY