$8,550,000
12 Batavia Avenue, Toronto, ON M6N 4A2
Toronto · Rockcliffe-Smythe · M6N 4A2
Key Facts
Tax
$13,787 (2024)
Type
Multiplex
Parking
None, 1 space
Basement
Finished, Apartment
Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
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
Inside
Utilities
Building
Parking
Land
Highlights
Financial Details
Listing Information
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