Re-listed 9 days ago

40 Cavell Ave, Toronto, Ontario M8V 1P2

Townhouse
9
6
~3500-5000 sqft
$•••,•••
$2,499,900
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Townhouse
9
6
~3500-5000 sqft

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Highlights

Property Estimate

Days on market9 days

Total days on market
719 days

Estimated valueNot available

Price/Sqft$607/sqft

Monthly cost

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+4

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size4,843 SqFt(163.4 x 29.64)
Parking Spaces8
MLS ®NumberW12494214
Community NameMimico
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Radiant
Basement: Finished

Features

Lot size: 4,843 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Market Data - Mimico

Geo Zone Map ThumbnailMimico

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

9 days

2023

11 days

2022

67 days

New Listings

Past 30 days

11 listings

Compared to

2024

9 listings

2023

3 listings

2022

9 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

3 units

2022

4 units

Median Sold Price

Past 30 days

$1,160,000

Compared to

2024

$1,241,500

2023

$875,000

2022

$1,159,444


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget