9 Beds 5 Bath

12 Batavia Avenue, Toronto W03, ON M6N 4A2

Toronto W03 M6N 4A2 Ontario

MLS: W12402385

$8,550,000

Added 2 hours ago | For Sale

Listed by: KELLER WILLIAMS ADVANTAGE REALTY

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:5
  • Land Size: 26.28 X 149.61
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Runnymede Rd / St. Clair Ave W
  • Basement:Finished,Apartment , Finished,Apartment
  • Possession Date:Immediate
  • Annual Property taxes: $13787
  • Bedrooms:9 +3
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:W12402385

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No property rooms available.

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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