ON
Toronto (Rockcliffe-Smythe)
M6N4A2
12 Batavia Avenue
12 Batavia Avenue, Toronto (Rockcliffe-Smythe), ON M6N4A2
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Listing Type
Multi Family
Listing Status
active
12
$8,550,000

Home Details for 12 Batavia Avenue

Price
$8,550,000
Type
Residential Income
Bedrooms
12
Bathrooms
5.0
Square feet
NaN
Parking
Days on site
10
Listing #
W12402385
Property Description

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. (id:31684)

Property Features
  • Heating Information
    • Heat Pump
    • Electric
  • Cooling Information
    • Wall Unit(s)
Listing Courtesy: KELLER WILLIAMS ADVANTAGE REALTY
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1450 Clark Ave W. Unit 25, Thornhill, ON L4J 7R5
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289 597 8733
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