ON > Toronto W03 > Rockcliffe-Smythe
Toronto W03, ON M6N 4A2,12 Batavia AVE
Toronto W03, ON M6N 4A2,12 Batavia AVE
Toronto W03, ON M6N 4A2,12 Batavia AVE
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$8,550,000
Est. payment /mo
12 Beds
5 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Rockcliffe-Smythe

MLS Listing ID W12402385

Style 3-Storey

Bedrooms 12

Building Age New

Annual Tax Amount $13,787

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 149.61

Lot Front 26.28

Appx SqFt 3500-5000

Property Description

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 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.

Location

Province ON

County Toronto

Community Rockcliffe-Smythe

Area Toronto

Zoning RM(f12;u2;d0.8*252)

Rooms

Family Room Yes

Basement Finished, Apartment

Kitchen 5

Separate Den/Office 3

Interior

Interior Features ERV/HRV, Floor Drain, On Demand Water Heater, Solar Owned, Sump Pump, Upgraded Insulation, Water Heater Owned, Ventilation System

Cooling Wall Unit(s)

Exterior

Parking Features Lane

Pool None

Roof Type Flat

Lot Frontage 26.28

Lot Depth 149.61

Total Parking Spaces 1

Building

Foundation Concrete Block, Concrete, Poured Concrete

Others

Senior Community No

Security Features Smoke Detector,Carbon Monoxide Detectors

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Listed by KELLER WILLIAMS ADVANTAGE REALTY

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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