
40 Cavell Ave
Cavell Ave, Etobicoke-Lakeshore, Toronto, ON, M8V 1P2



Quick Summary
Quick Summary
- Excellent 4.25% cap rate investment opportunity.
- Nearby mixed-use condo developments.
- Modern upgrades in units and common areas.
- Potential to set new rents for two vacant units.
- Separately metered units with coin laundry income.
- Ample rear parking with 8 spots available.
- Opportunity for additional units on the property.
- Located close to Mimico GO Station and amenities.
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... Show More
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. Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.
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For Sale Nearby
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- 700 - 1,100 Sq. Ft.
- 2
- 2

- 5
- 3

- 5
- 4

- 4
- 3

- 2,500 - 3,000 Sq. Ft.
- 4
- 2

- 3
- 4

- 2
- 1

- 5
- 4
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