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 project s nearby. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large l-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.
Single-familyProperty Type
8 spacesParking
Listed by STEPHANIE DANIELA KNEZEVIC• ROYAL LEPAGE SIGNATURE REALTY
Source:TREB #W12110534
Market trends in North Riverdale, ON
Last updated October 2026
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Sale history for 40 Cavell Ave
Date
Event
Price
TREB #W12110534
Oct 30, 2025
Delisted
—
Apr 29, 2025
Listed
$2,649,000
+35
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 project s nearby. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large l-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.
TREB #W9767744
May 7, 2025
Delisted
—
Jan 30, 2025
Price Changed
$2,799,000
Nov 1, 2024
Listed
$2,899,000
Nov 1, 2024
Delisted
—
Oct 29, 2024
Listed
$2,899,000
TREB #W8355882
May 21, 2024
Listed
$2,899,000
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: —
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.2km
Holy Name Catholic School
Public, JK-8 • Assigned
1.1km
Riverdale Collegiate Institute
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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