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$ 3,079,000
40 Cavell Avenue
VT
Costco GoTrain

40 Cavell Avenue

Multi-family
Toronto, Ontario M8V 1P2
9 6 6 0+8(8) 3500-5000 sqft
9 6 6 0+8(8)
3500-5000 sqft
$ 3,079,000
Sale
Taxes $8,256 2023
Maintenance Contact Agent
Estimated Monthly Mortgage $7990
Estimated Closing Costs $--
Costco GoTrain

Details

Interior Rooms
MLS®#
copy
Type
Multi-family
Style
2-Storey
Size (sqft)
3500-5000
Lot Size
29.64 × 163.40 Feet
Parking
8 Total Parking Spaces
0 None Garage
8 Parking Spaces
Last Update
2024-05-02
Possession Date
60-90
Listing Date
2023-11-21
Basement
Finished
Fireplace
N
Heating
Gas
Pool
None
Air Conditioning
None
Broker
ROYAL LEPAGE SIGNATURE REALTY

About

Welcome to 40 Cavell Ave, a 6 Unit Multiplex with a fantastic 4.25% 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 MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $8,256 2023 year

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 503 / 3064 Elementary English
Elementary English
Fraser Rank(2018) 265 / 3064 Elementary French Catholic
Fraser Rank(2018) 1059 / 3064 Elementary English Catholic
Elementary French Catholic

Secondary (G9-G12)

Fraser Rank(2018) 493 / 747 Secondary French IB
Fraser Rank(2018) 623 / 747 Secondary English AP
Fraser Rank(2018) 141 / 747 Secondary English AP Catholic
Fraser Rank(2018) 196 / 747 Secondary English AP Catholic
Fraser Rank(2018) 196 / 747 Secondary English Catholic

Neighbourhood

Go Train Groceries
Mimico Go Train Line:Lakeshore West 367 m
Costco Etobicoke 1.3 km
50 QUEEN ELIZABETH BLVDETOBICOKE, ON M8Z 1M1

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