12 Batavia AVE new Save Request In-Person Tour Request Virtual Tour
Toronto W03,ON M6N 4A2
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Rockcliffe-Smythe
MLS Listing ID W12402385
Style 3-Storey
Bedrooms 12
Annual Tax Amount $13,787
Tax Year 2024
Property Sub-Type Multiplex
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.
Location
Province ON
County Toronto
Community Rockcliffe-Smythe
Area Toronto
Rooms
Family Room Yes
Basement Finished,Apartment
Kitchen 5
Separate Den/Office 3
Interior
Interior Features ERV/HRV,Floor Drain,On Demand Water Heater,Solar Owned,Sump Pump,Upgraded Insulation,Water Heater Owned,Ventilation System
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Lane
Pool None
Roof Type Flat
Lot Frontage 26.28
Lot Depth 149.61
Total Parking Spaces 1
Building
Building Age New
Unit Features Public Transit,Park,School
Foundation Concrete Block,Concrete,Poured Concrete
Others
Security Features Smoke Detector,Carbon Monoxide Detectors