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12 Batavia Avenue Toronto, Ontario M6N 4A2

12 Bedroom 5 Bathroom 3500 - 5000 sqft
Wall Unit, Ventilation System Heat Pump

$8,550,000

The property comprise 4 furnished rental apartment suites and one laneway house also furnished. In total there are 4 two bedrooms and 1 four bedroom units. 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. For showings please contact the Listing Agent Full CIM is available. Data room with all materials and photos. For additional information please email listing agent. (id:61852)

Property Details

MLS® Number W12402385
Property Type Multi-family
Neigbourhood Rockcliffe-Smythe
Community Name Rockcliffe-Smythe
AmenitiesNearBy Public Transit, Park, Schools
Features Lane, Sump Pump, Solar Equipment
ParkingSpaceTotal 1

Building

BathroomTotal 5
BedroomsAboveGround 9
BedroomsBelowGround 3
BedroomsTotal 12
Age New Building
Appliances Water Heater - Tankless, Water Heater
BasementDevelopment Finished
BasementFeatures Apartment In Basement
BasementType N/a (finished)
ConstructionStatus Insulation Upgraded
CoolingType Wall Unit, Ventilation System
ExteriorFinish Stucco, Brick
FireProtection Smoke Detectors
FoundationType Block, Concrete, Poured Concrete
HeatingFuel Electric
HeatingType Heat Pump
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit, Park, Schools
Sewer Sanitary Sewer
SizeDepth 149 Ft ,7 In
SizeFrontage 26 Ft ,3 In
SizeIrregular 26.3 X 149.6 Ft
SizeTotalText 26.3 X 149.6 Ft
ZoningDescription Rm(f12;u2;d0.8*252)

https://www.realtor.ca/real-estate/28860085/12-batavia-avenue-toronto-rockcliffe-smythe-rockcliffe-smythe

Interested?

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Alexandre Carlos Alve Jardino
Salesperson


Keller Williams Advantage Realty
1238 Queen St East Unit B
Toronto, Ontario M4L 1C3

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