54 Rabbit Lane

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.

An exceptional opportunity to acquire a centrally located apartment asset within the Toronto Beaches. Excellent location, only a short Walk To The Beaches And Woodbine Park, close To Nearby Amenities including Retail, Restaurants And Shopping. Approx. 65% Rental Upside with the possibility To Add Multiple Units. Building details: 1 1+den and 5 2-bedroom units, 4 Parking Spots, Hydro Separately Metered, Gas Boiler Heating, Individual Hot Water Tanks.