For Sale - 12 Batavia Avenue, Toronto, Ontario

Est payment $41,056/mo
Views   18
Time on Jump  289 day
  • Five furnished rental suites and a laneway house offering luxury living.
  • All units are self-contained, featuring full kitchens and high-end furnishings.
  • Over 5,000 square feet of rentable space with minimal common areas.
  • Low maintenance living with in-ground snow melting and solar panels.
  • Flexible leasing options allow for family compound potential or condo conversion.



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.
Listing IDW12402385
Address12 Batavia Avenue
CityToronto, Ontario
Price$8,550,000
Bed / Bath12 / 5 Full
Style3-Storey, Multiplex
ConstructionStucco (Plaster),Brick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features ERV/HRV, Floor Drain, On Demand Water Heater, Solar Owned, Sump Pump, Upgraded Insulation, Water Heater Owned, Ventilation SystemAmenities Public Transit, Park, SchoolOwnership FreeholdBasement Finished, ApartmentFoundation Concrete Block, Concrete, Poured ConcreteHeating / Cooling Heat PumpHeating Fuel ElectricSewer Sewer
Parking 1.00
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Listing Agency:  KELLER WILLIAMS ADVANTAGE REALTY

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12 Batavia Avenue
Toronto , Ontario
12 5 $8,550,000
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