12 Batavia Avenue, Toronto, ON M6N 4A2
Toronto W03, ON, M6N 4A2 · Rockcliffe-Smythe
About this property
The property comprise 5 furnished rental apartment suites and one laneway house also furnished. In total there are 4 two bedrooms and 1 four bedroom laneway suite. 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.
Features & Amenities
- Basement: Finished, Apartment
- Garage: None
- Cooling: Wall Unit(s)
- Heat Type: Heat Pump
- Heat Source: Electric
- Style: 3-Storey
- Construction: Stucco (Plaster), Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 12 |
| Bathrooms | 5 |
| Basement | Finished, Apartment |
| Garage | None |
| Parking Spaces | 1 |
| Heat Type | Heat Pump |
| Heat Source | Electric |
| Cooling | Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $13,787 |
| Tax Year | 2024 |
Interior Features
- Interior Features
- ERV/HRV, Floor Drain, On Demand Water Heater, Solar Owned, Sump Pump, Upgraded Insulation, Water Heater Owned, Ventilation System
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Stucco (Plaster), Brick
- Foundation Details
- Concrete Block, Concrete, Poured Concrete
- Roof
- Flat
- Basement
- Finished, Apartment
- Approximate Age
- New
Heating & Cooling
- Heat Type
- Heat Pump
- Heat Source
- Electric
- Cooling
- Wall Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 1
- Parking Total
- 1.00
- Parking Features
- Lane
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 149.61
- Lot Width
- 26.28
Community & Neighborhood
- Property Features
- Public Transit, Park, School
Financial & Tax
- Tax Annual Amount
- $13,787
- Tax Year
- 2024
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 37
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 9
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Runnymede Rd / St. Clair Ave W
- Directions
- Runnymede Rd / St. Clair Ave W
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
12 Batavia Avenue, Toronto, ON M6N 4A2, Toronto W03, ON, M6N 4A2