40 CAVELL AVENUE|Toronto (Mimico), Ontario M8V1P2

MLS Number: W12494214

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 9 • Bathrooms: 6 • Building Type: Other • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

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. (41545571)

Agent Information: • Agents: STEPHANIE DANIELA KNEZEVIC • Contact: 416-837-9676; 416-837-9676 • Brokerage: ROYAL LEPAGE SIGNATURE REALTY

Time on Realtor: 7 days ago