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. |
Price | $8,550,000 |
Taxes: | $13787.00 |
Occupancy: | Tenant |
Address: | 12 Batavia Aven , Toronto, M6N 4A2, Toronto |
Directions/Cross Streets: | Runnymede Rd / St. Clair Ave W |
Rooms: | 37 |
Bedrooms: | 9 |
Bedrooms +: | 3 |
Family Room: | T |
Basement: | Finished, Apartment |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 5 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | New |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Stucco (Plaster), Brick |
Garage Type: | None |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 1 |
Park #1 | |
Parking Type: | Lane |
Park #2 | |
Parking Type: | Lane |
Pool: | None |
Approximatly Age: | New |
Approximatly Square Footage: | 3500-5000 |
Property Features: | Public Trans, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Heat Pump |
Central Air Conditioning: | Wall Unit(s |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS ADVANTAGE REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Toronto |
Municipality: | Toronto W03 |
Neighbourhood: | Rockcliffe-Smythe |
Style: | 3-Storey |
Lot Size: | x 149.61(Feet) |
Approximate Age: | New |
Tax: | $13,787 |
Maintenance Fee: | $0 |
Beds: | 9+3 |
Baths: | 5 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |