12 BATAVIA AVENUE
Toronto (Rockcliffe-Smythe), Ontario
MLS® W12402385
$8,550,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- W12402385
- Bedrooms
- 12
- Bathrooms
- 5
- Year built
- —
1 / 12Listing 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 summary
- MLS® number
- W12402385
- Property type
- Multi-family
- Building type
- Other
- Land size
- 26.3 x 149.6 FT
- Annual property taxes
- $13,787.00
- Parking
- 1 space · No Garage
- Days on market
- 347 days
Features & details
- Heating
- Heat Pump, Electric
- Cooling
- Ventilation system, Wall unit
- Basement
- Finished, Apartment in basement, N/A, N/A
- Appliances
- Water Heater - Tankless, Water Heater
- Exterior features
- Brick, Stucco
- Lot features
- Lane, Sump Pump, Solar Equipment
What would this home cost you?
Based on the $8,550,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.