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12 Batavia Avenue Toronto (Rockcliffe-Smythe), Ontario M6N 4A2

12 Bedroom 5 Bathroom 3500 - 5000 sqft
Wall Unit, Ventilation System Heat Pump

$8,550,000

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. For showings please contact the Listing Agent Full CIM is available. Data room with all materials and photos. For additional information please email listing agent. (id:41954)

Property Details

MLS® Number W12402385
Property Type Multi-family
Community Name Rockcliffe-Smythe
Amenities Near By Public Transit, Park, Schools
Features Lane, Sump Pump, Solar Equipment
Parking Space Total 1

Building

Bathroom Total 5
Bedrooms Above Ground 9
Bedrooms Below Ground 3
Bedrooms Total 12
Age New Building
Appliances Water Heater - Tankless, Water Heater
Basement Development Finished
Basement Features Apartment In Basement
Basement Type N/a (finished)
Construction Status Insulation Upgraded
Cooling Type Wall Unit, Ventilation System
Exterior Finish Stucco, Brick
Fire Protection Smoke Detectors
Foundation Type Block, Concrete, Poured Concrete
Heating Fuel Electric
Heating Type Heat Pump
Stories Total 3
Size Interior 3500 - 5000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Park, Schools
Sewer Sanitary Sewer
Size Depth 149 Ft ,7 In
Size Frontage 26 Ft ,3 In
Size Irregular 26.3 X 149.6 Ft
Size Total Text 26.3 X 149.6 Ft
Zoning Description Rm(f12;u2;d0.8*252)

https://www.realtor.ca/real-estate/28860085/12-batavia-avenue-toronto-rockcliffe-smythe-rockcliffe-smythe

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