38
40 Cavell Ave
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$3,079,000 Sale
Listed 18 days ago
· 0
· 6
· 8
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Listing History
Buy/Sell/Terminated/Expired listing history for 40 Cavell Ave
Key Facts
Key facts for 40 Cavell Ave
Property Type
Commercial
Parking
None , 8 parking
MLS #
W7313994
Size
-
Basement
Y
Listed on
-
Lot size
30 x 163.40
Tax
$8,256 /yr
Days on Market
-
Approximate Age
-
Maintenance Fee
-
Description
Welcome to 40 Cavell Ave, a 6-unit Multiplex with a tremendousCap 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 Mass...ive 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. VTB Mortgage available.
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Courtesy of: ROYAL LEPAGE SIGNATURE REALTY