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Main Photo: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 1: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 2: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 3: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 4: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 5: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 6: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 7: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 8: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 9: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 10: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 11: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 12: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 13: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 14: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 15: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 16: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 17: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 18: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 19: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 20: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 21: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 22: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 23: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 24: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 25: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Photo 26: 18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13051700
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13051700
Bus Major:
Apts - 6 To 12 Units
10 Units. Fully renovated. Stabilised Asset. CMHC Financing at 3.95% to 2034. Fully gutted & renovated (2020). All units include 6 stainless steel appliances, new kitchens, new baths, new floors & new windows. Fully rented. Gross $232K. Assumable $3.91M CMHC mortgage @ 3.95% to 2034! Photos are from previous listing.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5457 sq. ft. Square Feet
Total Area:
5,457.3 sq. ft.
Lot Depth:
132'
Lot Frontage:
41'
Lot Shape:
Rectangular
Bathrooms:
10.0
Water supply:
Municipal
Zoning:
RM (u3;d0.6*22)
Heating type:
Radiant
Garage:
None
Parking Spaces:
6
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$16,941.56 / 2026
Assessment:
$- / -
Toronto
Toronto W06
Mimico
Public Transit
10 Fridges, 10 Stoves, 10 Dishwashers, 10 Washer & Dryers, 10 Wall-Unit A/C.
All personal property of the Tenants.
None
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 28, 2026
Original Price:
Previous Price:
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Listed by HARVEY KALLES REAL ESTATE LTD.
Data was last updated April 28, 2026 at 02:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.