$8,550,000.00

12 BATAVIA AVENUE, Toronto (Rockcliffe-Smythe), Ontario, M6N4A2, Canada Listing ID: W12402385
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Bathrooms Bedrooms Property Type
5 12 Multi-family

The property comprise 10 furnished rental apartment suites and one laneway house also furnished. In total there are 4 two bedrooms and 1 four bedroom laneway suite. All units are self contained and built and furnished to high end luxury standards. In total there is over 5,000 sf of rentable space. There is very little common area. The entire project is low maintenance with in ground snow melting and solar panels. All suites have full kitchens and in total there are 10 bathrooms. This is a headache free investment with a brand new building and no cap ex for another 20 years. The lease can be terminated and this could make a wonder full family compound. This housing is the future for the city. Potential to purchase the company and save LTT and take advantage of shareholder loans which would mean tax free income for 15 years at least. Potential to condo convert the asset. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 21 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 12 BATAVIA AVENUE (W12402385)
Additional Information
Amenity Near By Public Transit, Park, Schools
Features Lane, Sump Pump, Solar Equipment
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 5
Bedrooms Total 12
Bedrooms Above Ground 9
Bedrooms Below Ground 3
Age New building
Appliances Water Heater - Tankless, Water Heater
Basement Development Finished
Basement Features Apartment in basement
Basement Type N/A (Finished), N/A
Construction Status Insulation upgraded
Cooling Type Wall unit, Ventilation system
Exterior Finish Stucco, Brick
Fireplace Present
Fire Protection Smoke Detectors
Foundation Type Block, Concrete, Poured Concrete
Heating Fuel Electric
Heating Type Heat Pump, Not known
Size Interior 3500 - 5000 sqft
Stories Total 3
Type Other
Utility Water Municipal water
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