$3,079,000Asking Price
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.
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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 3-Piece Bathrooms on 2nd Floor | ||||
2 3-Piece Bathrooms in Basement | ||||
1 4-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom on Main Floor |
Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.
Kids Per Family
kids per family
in the neighbourhood.
single and loving it.
are renters.
university grads.
Average Household Income
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Business | 11% |
Management | 10% |
Government | 8% |
Trades | 8% |
born outside of Canada.
All-time
Recent
Foreign Languages
Polish | 4% |
Spanish | 3% |
Ukrainian | 3% |
Portuguese | 2% |
Russian | 2% |
Religions
Christian | 68% |
Muslim | 4% |
Hindu | 2% |
Buddhist | 2% |
Jewish | 1% |
Social Housing Buildings
Social housing buildings
in the neighbourhood.
Shelters
Homeless shelters in
the neighbourhood.