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Key Facts
Key facts for 40 Cavell Ave
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 8 parking
MLS #
W7314004
Size
3500-5000 sqft
Basement
Finished
Listed on
2023-11-21
Lot size
30 x 163.40
Tax
$8,256 /yr
Days on Market
16
Approximate Age
-
Maintenance Fee
-
Description
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. 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.
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