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    For Sale - 12 Batavia Avenue, Toronto, Ontario

    Est payment $42,382/mo
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    Views   1
    Time on Jump  91 day

    AI Summary *

    • Ten furnished rental suites and one laneway house ready for tenants.
    • Self-contained units with full kitchens and luxury furnishings.
    • Over 5,000 sf of rentable space with minimal common areas.
    • Low maintenance features like in-ground snow melting and solar panels.
    • Great investment potential with options for family compound or condo conversion.




    The property comprise 10 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

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    Listing Agency:  KELLER WILLIAMS ADVANTAGE REALTY
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    12 Batavia Avenue
    Toronto , Ontario
    12 5 $8,550,000
    Get more info