2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.

Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos.

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.

An exceptionally unique property effortlessly combines the comforts of urban living with the charm of a cottage retreat right in your backyard. Nestled serenely on a cul-de-sac, the rear of the property opens up generously, stretching nearly 100 feet to meet the embrace of a lush ravine for ultimate privacy. A builder's very own custom home, showcasing premium finishes, advanced efficiency, and an array of smart home features. Imported German Kitchen and Millwork, Italian porcelain slabs grace the main areas, and white oak floors add a touch of natural elegance. The wood-burning fireplace creates a cozy focal point, harmonizing with the soaring 13-foot ceilings in the living room.  Incorporating the beauty of the outdoors seamlessly, with large windows in every room, and multiple walkouts beckon you to step into backyard panorama.  Practicality of ample storage, custom closets, multiple laundry areas, and a mudroom with a dog wash for your furry friend.

Living

4th Br

Bathroom

Common Rm

Dining

Kitchen

Powder Rm

Prim Bdrm

2nd Br

3rd Br

Right in the Heart of Mimico Village and Perfectly Located for Subway Bus, Lakeshore Streetcar, No Frills Supermarket, San Remo Bakery, Mimico Go Train Station, Lakefront Parks, Major Highways, Downtown Toronto, Great, Fully Renovated and Tenanted Commercial Building consisting of 56 Mimico Avenue, 120, 122, & 124 Queens Avenue. Main Floor Commercial Space of 650 sq. ft, used as Busy Ladies Hair Salon, plus 3 x 2 Bedroom Apartments, 1 x 1 Bedroom Apartment. Mechanical Upgrades done over the past few years include Roof, Windows, Electrical, Plumbing, Heating ( New Wall Mounted Gas Boiler ). Excellent Financials , Gross Income approximately $105,000, Expenses approximately $10,000 ( NOTE:  Tenants pay $3,000. per year of the Annual Property Taxes and their own Hydro and Hot Water, ) Net Income approximately $95,000. Very good Tenants,  See Attachment for Financials.

Full property address: 56 Mimico Ave, 120, 122 & 124 Queens Ave.

Over 4100sqft of living space in this new Modern with too much to list. Grand 10' ceilings welcome you to the open concept floorplan featuring top-notch kitchen finishes incl custom cabinets,DBL waterfall honed granite island & built-in high-end appliances.Custom woodgrain built-ins flank the porcelain slab w/linear Fireplace in the family room which leads to the floor to ceiling patio doors providing access to outdoor covered patio & composite deck. Mudroom w/custom cabinets gives access to garage. Open-tread staircase w/glass railing takes you to the 2nd level which boasts 10' ceilings, skylights, 4 BDRMS, 3 baths, all with HIGH-END finishes incl. heated floors, custom cabinets & giant balcony off the primary bd. The basement has nanny suite potential & features separate walk-up entrance, 9' ceilings, in-floor radiant heat, sleek wetbar and 3pc bath to compliment the exercise area and large rec room. SUPERIOR finishes! LAKE VIEWS ON BOTH BALCONIES!

Pantry

Mudroom

Family

Welcome to 854 Royal York, a custom-renovated detached home in the heart of Sunnylea. This sunlit property features luxury upgrades throughout, blending elegance with modern functionality. Upon entering, you're welcomed by vintage European ceramic tile, wide plank white oak engineered floors,  flat-edge baseboards and solid wood panel doors. The custom heritage white oak entry door by GEM, featuring dual-sided clavos, adds a touch of craftsmanship. The living area has a custom fireplace mantel crafted from 100-year-old Douglas fir, framed by textured roughcast plaster. The open-hearth faux gas fireplace with remote control brings comfort and warmth, while a Fredrick Ramond 4-light chandelier enhances the modern French country charm. Hunter Douglas roller shades throughout ensure light control and privacy. The custom kitchen by Aya Kitchens features a Tuscan-style stone backsplash and top-tier appliances, including a 48" KitchenAid fridge, 48" Bertazzoni dual fuel gas range, and Bosch dishwasher. A standout feature is the 12' raw edge wormy maple island countertop, paired with a 30" porcelain farmhouse sink and rustic Kingston Brass hardware. The second floor has been transformed into a luxurious primary retreat with a 16' vaulted ceiling, ridge beam design, and cedar cladding. The primary bedroom features a 48" Hunter ceiling fan, custom French doors, and glass transoms, allowing natural light to flood the space. A private terrace off the master bedroom is the perfect spot for morning coffee, while the walk-through closet offers both ample storage and style. The show-stopping ensuite bathroom spans over 200 sf and includes a private sun deck. It features Bianco Carrara marble tiles, a Swan soaker tub with vintage hardware, an oversized zero-entry shower with dual rain heads, and a double vanity with a quartz top. The 11' rustic white oak ridge beam and wagon-wheel chandelier add distinctive architectural charm to this serene retreat.

With a garage and driveway off Royal York and an unlicensed double driveway off Meadowcrest (in use for decades), this home has parking for six cars.  See the additional feature sheets for the many upgrades and features of the home!

Other

Exercise

Foyer

Buy With Only $760K Down! Six Plex, Fully Renovated In 2018! 4% Cap Rate! New Furn, New Kit (With Quartz Counters), New Baths, New Apps, New Wall Ac Units, New On Demand Hwt, New Security System W/Cameras. New Wiring, Bsmt Height 6Ft 4In, 6 Meters, 200 Amp Service, 5 X 2 Bed, 1 X Bach, All Units Have Central Ac & 6 Apps (Stove, Fridge, Dw, Wash, Dryer, Micro). $140K Gross, $19K Exp. $120K Estimated Net. 5 Car Pkg/ Priv Drive, Low Maint

Buy With Only $760,000 Down And Assume Existing Financing (Oac) Monthly Payments Are $7,988 First Mortgage Of $2,239,853 At 2.91% Due June 1st 2030, Total Sq. Ft. Includes Bsmt 3648 As Per Floor Plans.

Utility

Master

Stunning 1/4 Acre Lot with Huge Backyard in Lake Shore Missisauga!This property offers a spacious 4-bedroom home upstairs, with a main floor bedroom and full washroom - perfect for guests. The finished basement adds to nearly 5000 sq ft of living space.The garage easily fits a 21 ft boat, ideal for boating enthusiasts. The 52x200 ft lot has room for an additional garden suite. You're walking distance to Lakefront Promenade Marina, Promenade Park, and the new Lakefront development. With 5+3 bedrooms, this property is a dream! Don't miss this incredible opportunity - schedule your viewing today!

5th Br

Study

Come and fall in love with 47 Ambleside. This home is a true show-stopper. This stunning 4+2 bedroom, six-bathroom home epitomizes elegance and modern living. From the moment you step inside, you'll be captivated by the impeccable attention to detail that defines this magnificent residence. The open-concept main floor boasts high ceilings and exquisite tile and hardwood floors, creating a seamless flow between the classic living areas and the gourmet kitchen. The kitchen is a chef's dream, featuring top-of-the-line stainless steel appliances, custom cabinetry, and a spacious island that is perfect for entertaining or casual dining. Natural light floods the home through large windows, accentuating the thoughtfully designed spaces. Each of the six bathrooms is a masterpiece on its own, showcasing luxurious fixtures, elegant tiling, custom mirrors and serene color palettes that invite relaxation. The outdoor space is equally impressive, with a pool-sized lot, and a spacious deck that serves as an ideal setting for gatherings or quiet mornings with a cup of coffee. Located in a highly desirable area, this home is within great school districts (Castlebar JS, Norseman JMS and Etobicoke CI) and a short walking distance to Bishop Allen Academy, Etobicoke School of the Arts, and Karen Kain School of the Arts. For those who commute, a brief bus ride will take you directly to Bloor Street and the subway, making this location perfect for families and professionals alike. This is truly one of the most beautiful homes you will encounter, offering a perfect blend of luxury, comfort, and convenience all designed with an eye for the finest details.

2 Separate Heating/Cooling Systems , HRV System, Security Cameras, Built In Speakers, 14" Ceiling Height Car Grg with Room For Car Lift, Natural Gas BBQ Hook Up, Cvac Ready, Natural Composite Decking with Glass Balustrade and Custom Fence.

Office

Laundry

Nestled on a private, tree-lined street, this beautiful custom-built home offers over 4,600 sqft of living space (incl. fully finished basement with walkout).With a fenced, pool-sized yard, this home is designed for comfort and style, featuring 4 spacious bedrooms + 2 additional rooms in the basement & 5 well-appointed bathrooms. The main floor showcases an open-concept design with 10-footceilings, ample natural light, and custom built-ins throughout. Enjoy high-end appliances, including a Wolf stove and cooktop, in a kitchen that opens to a living and dining area, perfect for entertaining. A private office offers a quiet workspace, and a walkout to a covered deck overlooks the expansive backyard. Upstairs boasts 9-foot ceilings w/stunning primary suite featuring a walk-in closet, coffered ceiling, 5-piece ensuite, and a private deck. The finished basement with 2bedrooms, a full closet, washer/dryer hookup & kitchen provides extra living space for: a gym, nanny suite, or apartment.

Located in a great school district (Norseman, Castlebar, Holy Angels, BA, ESA etc.) close to highways Gardiner Expressway/QEW/427. Conveniently located close to shops, parks, restaurants, TTC and Sherway Gardens w/quick commute to downtown.

Modern Architectural Custom Home, Built With Exquisite Design Elements Throughout. Feauturing 10 Ft Ceilings And Large Windows, This Home Truly Embodiess Many Luxurious Components. Home Office Equipped With A Separate Entrance, Suitable For Professionals. Radiant Heated Driveway And Basement Floor. Minutes To Subway And Ttc. Vibrant And Dynamic Community, Minutes From The Downtown Core. Prepare To Be Blown Away.

Thermador S/S Gas Cooktop, B/I Oven/Mw, Panelled Frdge And Dw, B/I Coffe Machine, Modern Fireplace, 2 Walk-In Closets,White Oak Floor & Stairs, Custom Built Wine Cellar, Bar, Walk-Up, Sprinkler System, Quality Fixtures And Custom Millwork

Experience over 4500 sq ft of luxurious living in the highly coveted Stonegate-Queensway neighbourhood. This modern red brick home features 10-foot high ceilings and engineered hardwood floors. The fabulously appointed kitchen includes quartz countertops and an oversized island, while the back of the house is all glass, allowing for an abundance of natural light. The open-plan concept is perfect for large-scale entertaining. Highlights include floating stairs with glass railings, a spacious basement with a walkout, and a double car garage with 20-foot ceilings. Located near  highly-rated schools.

Welcome To This Magnificent 4-bedroom, 5-bathroom Home With Indiana Limestone Front And Nestled In A Prestigious Neighbourhood . This Property Epitomizes Luxury Living With Its Sprawling 4,500 Square Feet Of Living Space And Stunning Architectural Design. Step Into An Opulent Foyer With Exquisite Large Closets, A Mud Room With Custom Cabinetry, Soaring 19 Ft Ceilings, A Grand Staircase, Solid Custom Doors, And Modern Engineered Oak . The Kitchen Is A Chefs Dream With Top-of-the-line Appliances, Custom Cabinetry, A Large Center Island, And A Butlers Pantry. The Master Ensuite Is A Lavish Retreat With A Private Balcony, Custom Walk-in Closets With Recessed Lighting, And A Spa-like Ensuite Bathroom Featuring A Soaking Tub, Shower, And Dual Vanities. A Smart Home Security System, Two Laundry Facilities, Tablet Mounting System, 2 Gorgeous Fireplaces With Built-Ins And One Outside Make This Home Complete. Also Featuring A Glassed In Gym, A State-of-the-art Wine Cellar And Walk Out To The Entertainment- Ready Backyard.

Garage Has Epoxy Flooring. Solid 8ft Custom Doors. All Counter Tops Are Porcelain Stone (Not Flammable, Doesn't Scratch, or Crack)

28 Third Street, Toronto
Home for Sale

MLS#: W10422790

About this Listing

Listing Details

$6,903
Taxes

50x57
Lot Size

Finished
Basement

Rooms

Area

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