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$ 8,550,000
Est. payment /mo
Active
12 Batavia AVE Toronto W03, ON M6N 4A2
12 Beds
5 Baths
UPDATED:
10/03/2024 08:14 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Rockcliffe-Smythe
MLS Listing ID W9271695
Style 3-Storey
Bedrooms 12
Annual Tax Amount $13,787
Tax Year 2024
Property Sub-Type Multiplex
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 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.
Location
Province ON
County Toronto
Community Rockcliffe-Smythe
Area Toronto
Zoning RM(f12;u2;d0.8*252)
Rooms
Basement Finished, Apartment
Kitchen 5
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 None
Pool None
Roof Type Flat
Total Parking Spaces 1
Building
Foundation Concrete Block, Concrete, Poured Concrete
Lited by RIGHT AT HOME REALTY