40 Cavell Ave, Toronto, ON, M8V 1P2

MLS® # W9767744

House For Sale In Mimico, Toronto, Ontario

$2,899,000 QuickQuote^TM: $2.6M - $3.3M

9 Beds

6 Baths

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40 Cavell Ave, Toronto, ON - Indoor Photo Showing Other Room

40 Cavell Ave, Toronto, ON - Indoor Photo Showing Living Room

40 Cavell Ave, Toronto, ON - Indoor Photo Showing Kitchen

40 Cavell Ave, Toronto, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

40 Cavell Ave, Toronto, ON - Indoor Photo Showing Bedroom

40 Cavell Ave, Toronto, ON - Indoor Photo Showing Bathroom

40 Cavell Ave, Toronto, ON - Indoor Photo Showing Kitchen With Double Sink

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40 Cavell Ave, Toronto, ON, M8V 1P2

$2,899,000

9 Beds

6 Baths

Property Information:

Welcome to 40 Cavell Ave, A 6-unit Multiplex that provides a 4.3% Cap Rate. Current actual Net Income of $124,870. 40 Cavell is located in the Mimico Area of Toronto (Etobicoke), 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 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 ofthe 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.

Newer furnace and boiler (6 years). Fire Inspection 2021. 4800 Square Feet above grade and an almost 2000 square feet below. Recent vacant units were leased in less than a week for full ask - high demand area.

Building Features:

Style: Multiplex
Basement: Finished
Exterior: Brick
Fireplace/Stove: No
Garage Type: None
Heat Type: Radiant
Heat Source: Gas

Property Features:

Bedrooms: 9
Bathrooms: 6
Annual Tax Amount: $8,256
Drive: Available
Family Room: Yes
Fronting On (NSEW): No
Lot Depth: 163.4 Feet
Lot Frontage: 29.64 Feet
Occupancy: Own+Ten
Pool: None
Sewers: Sewers
Style: 2-Storey
Water: Municipal
No. of Parking Spaces: 8

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Stephanie Knezevic

Real Estate Agent Royal LePage Signature Realty , Brokerage*

Mobile:416.837.9676

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Market Price Trends

Location of 40 Cavell Ave, Toronto, ON, M8V 1P2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 40 Cavell Ave , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 40 Cavell Ave , experiences 11 significant 2-day storms per year, with about 292.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 363mm of precipitation per year.

Precipitation Per Storm

Past

292.5mm

2050

363mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 40 Cavell Ave, Toronto, ON, M8V 1P2

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$120,280.28

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.26 %

High school certificate or equivalent

22.89 %

Apprenticeship trade certificate/diploma

4.34 %

College/non-university certificate

19.19 %

University certificate (below bachelor)

2.45 %

University Degree

34.87 %

Commuter

Travel To Work

By Car

64.07 %

By Public Transit

23.57 %

By Walking

5.65 %

By Bicycle

2.64 %

By Other Methods

4.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.34 %

Houses

33.66 %

Own Vs. Rent

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40 Cavell Ave, Toronto, ON, M8V 1P2 $2,899,000 MLS® # W9767744

Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 40 Cavell Ave, Toronto, ON, M8V 1P2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 40 Cavell Ave, Toronto, ON, M8V 1P2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

40 Cavell Ave, Toronto, ON, M8V 1P2

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