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
Commercial
Type of Dwelling
Investment
Area
Toronto W03
Sub-Area
Rockcliffe-Smythe
County
Toronto
Bathrooms
5
Lot Depth
149.61
Lot Type
Building
Lot Size Units
Feet
Approx. Age
New
MLS® Number
W9271696
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
M6N 4A2
Tax Amount
$13,787.00
Tax Year
2023
Community Features
Public Transit
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
Security Features
Yes