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18 Cavell Ave 10 Unit Apartment Building $5,650,000 CAD ($565,000 CAD/Unit) Toronto, ON M8V 1P2
Investment Highlights
- Fully renovated 10-unit multifamily asset with major upgrades completed in 2020.
- All units feature updated kitchens, bathrooms, flooring, windows, and appliance packages.
- Stabilized and fully leased property with established in-place rental income.
- Assumable CMHC financing at 3.95% through 2034 may benefit qualified purchasers.
Executive Summary
18 Cavell Avenue is a 10-unit multifamily property located in Toronto's Mimico neighborhood near Royal York Road and Lake Shore Boulevard West. The building was renovated in 2020 and includes updated kitchens, bathrooms, flooring, windows, and stainless steel appliances within the residential units. The property is fully occupied and is offered with existing CMHC financing reported at 3.95% through 2034. The site is situated within an established residential area with access to major transportation routes, public transit, and waterfront amenities.
Property Facts
| Price | $5,650,000 CAD | Building Class | C |
| Price Per Unit | $565,000 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,192 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1903 |
| Apartment Style | Low-Rise | Parking Ratio | 1.43/1,000 SF |
| Price | $5,650,000 CAD |
| Price Per Unit | $565,000 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,192 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1903 |
| Parking Ratio | 1.43/1,000 SF |
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Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100
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18 Cavell Ave
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