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12 Batavia Ave

Batavia Ave, York, Toronto, ON, M6N 4A2

12
Beds
5
Baths
5000
Sq. Ft.
$8,550,000
List Price
Details
Photos
12
Comparables
History
12 Batavia Ave, Toronto, ON - 1 of 3
12 Batavia Ave, Toronto, ON - 2 of 3
12 Batavia Ave, Toronto, ON - 3 of 3
New
24 days on market

Quick Summary

  • Turnkey investment property with head lease
  • Fully furnished luxury rental apartments
  • Low maintenance with snow melting and solar
  • Generates $25,000 monthly rental income
  • Potential to convert to family compound
  • Newly built with no capital expenditure
  • Fully self-contained rental units
  • Minimal common area for easy management

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... Show More

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 head lease 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.

Property Details

Size

5,000 sq. ft.
12 Beds
9 Above Grade - 3 Below Grade
5 Baths

Parking

1 Parking Space
None

Build

Year Built
-
Model Name
-
Basement
Finished, Apartment
Exterior
Stucco/Plaster, Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Heat Pump
Cooling
Wall Unit

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$13,787

Source

Listing Brokerage

MLS® Listing
W9271695
Last Updated
August 28, 2024
Brokerage
RIGHT AT HOME REALTY
Call us 800-591-0566

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