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 turnkey investment property with a property management agreement in place paying $25,000 per month. 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.
Address
12 Batavia Avenue
List Price
$8,550,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Area
Toronto W03
Sub-Area
Rockcliffe-Smythe
County
Toronto
Bedrooms
9 + 3
Bathrooms
5
Floor Area
5000 + Sq. Ft.
Lot Depth
149.61
Lot Size Units
Feet
Approx. Age
New
MLS® Number
W9271695
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Finished, Apartment
Postal Code
M6N 4A2
Parking
Lane
Parking Places (Total)
1
Tax Amount
$13,787.00
Tax Year
2024
Interior Features
ERV/HRV, Floor Drain, On Demand Water Heater, Solar Owned, Sump Pump, Upgraded Insulation, Water Heater Owned, Ventilation System
Heat Source
Electric
Heat Type
Heat Pump
Cooling Features
Wall Unit(s)
Construction Materials
Stucco (Plaster), Brick
Direction Faces
East
Foundation Details
Concrete Block, Concrete, Poured Concrete
Garage Type
None
Kitchens Total
5
Pool Features
None
Roof
Flat
Security Features
Smoke Detector, Carbon Monoxide Detectors
Sewer
Sewer