12 Cavell Ave

Mimico, Etobicoke, M8V 1P2
FOR SALE
$1,299,000
12 Cavell Ave, Etobicoke
12 Cavell Ave
12 Cavell Ave
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
W9415815
MLSID
Contact Us
Property Description
Calling All Developers, Builders, Investors!! Turn-Key Multi-Plex Development Opportunity in Sought After South Etobicoke - Fully Permitted, Shovel-Ready Project. This offering provides unparalleled flexibility, with the unique option for the Seller to oversee construction if Buyer chooses. **Key Features** 1) Shovel-Ready and Fully Permitted: All approvals are in place, construction can begin immediately! 2) Seller Build Option: The Seller is available to complete the build, offering turnkey convenience! 3) CMHC MLI Select Eligible: Maximize returns and long-term profitability with preferential financing for projects with 5 or more units! 4) High Rental Demand: Positioned in a market with significant demand for rental properties! 5) Prime Location: Property backs onto Community Park In South Etobicoke and close to HWY and Lake! This property represents a rare chance to participate in Torontos evolving real estate landscape where you can choose to take on the project yourself or leverage the sellers expertise.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-02-25 2020-05-21 86 $925,000 - Expired
2020-05-30 2020-07-15 46 $925,000 $820,000 Sold
2019-06-05 2019-08-05 62 $849,000 - Expired
2018-10-09 2019-03-30 172 $950,000 - Expired
Nearby Intersections
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Lot Size
26' x 132'
Fronting
North
Taxes
$3,476 (2024)
Basement
Other
Exterior
Alum Siding, Insulbrick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Etobicoke Market Statistics
Etobicoke Price Trend
12 Cavell Ave is a 3-bedroom 1-bathroom home listed for sale at $1,299,000, which is $34,746 (2.6%) lower than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.
Inventory Change
There were 888 3-bedroom homes listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Etobicoke over the last 30 days (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Etobicoke stood at 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Epic Realty
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Calling All Developers, Builders, Investors!! Turn-Key Multi-Plex Development Opportunity in Sought After South Etobicoke - Fully Permitted, Shovel-Ready Project. This offering provides unparalleled flexibility, with the unique option for the Seller to oversee construction if Buyer chooses. **Key Features** 1) Shovel-Ready and Fully Permitted: All approvals are in place, construction can begin immediately! 2) Seller Build Option: The Seller is available to complete the build, offering turnkey convenience! 3) CMHC MLI Select Eligible: Maximize returns and long-term profitability with preferential financing for projects with 5 or more units! 4) High Rental Demand: Positioned in a market with significant demand for rental properties! 5) Prime Location: Property backs onto Community Park In South Etobicoke and close to HWY and Lake! This property represents a rare chance to participate in Torontos evolving real estate landscape where you can choose to take on the project yourself or leverage the sellers expertise.
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