$8,550,000 FOR SALE

Investment

Lot: 26.28 x 149.61 ftTotal Area: 5,000 ft2
2023 Taxes: $13,787

12 Batavia Ave
Toronto, ON M6N 4A2 | Rockcliffe-Smythe

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.

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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9271696
Last Updated Oct 03, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 105170248
Legal Description PT LT 15 BLK B PL 648 TWP OF YORK AS IN TB781321; TORONTO (YORK) , CITY OF TORONTO
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $13,787
Tax Type Annual
Directions/Cross Streets Jane and St. Clair Ave W
Neighbourhood Rockcliffe-Smythe
Area Toronto
Price History
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Detailed Information
Freestanding Y
Bathrooms 5
Lot 26.28 x 149.61 ft
Total Area 5,000 ft2
Approximate Age New
Air Conditioning Y
Basement Y
Garage Type None
Parking Spaces 1
Heat Type Elec Forced Air
Area Influences Public Transit
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning RM(f12;u2;d0.8*252)
Seller Property Info Statement N

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