$8,550,000
12 Batavia Ave
Toronto W03, ON M6N 4A2
12 Batavia Ave, Toronto W03 — Listed at $8,550,000. 12 bedroom, 5 bathroom 3-Storey Multiplex. MLS® W12402385.
Description
The property comprise 5 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.
Property Details
Listing Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY
MLS® #W12402385
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HouseIndex Take: 12 Batavia Avenue
This multiplex (3-Storey) is located in the Rockcliffe-Smythe neighbourhood of Toronto.
The home offers 12+3 bedrooms, 5 bathrooms.
Features include a finished, apartment basement, 1 parking space.
Additional details: lot dimensions of 26.28 × 149.61 feet.
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About Toronto Real Estate
This Multiplex is located in the Rockcliffe-Smythe community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.