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. |
Price | $8,550,000 |
Taxes: | $13787.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 12 Batavia Ave , Toronto, M6N 4A2, Ontario |
Postal Code: | M6N 4A2 |
Province/State: | Ontario |
Legal Description: | PT LT 15 BLK B PL 648 TWP OF YORK AS IN |
Lot Size: | 26.28 x 149.61 (Feet) |
Directions/Cross Streets: | Jane and St. Clair Ave W |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 5000.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit |
Approximatly Age: | New |
Sprinklers: | Y |
Washrooms: | 5 |
Heat Type: | Elec Forced Air |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Rockcliffe-Smythe |
Lot Size: | 26.28 x 149.61(Feet) |
Approximate Age: | New |
Tax: | $13,787 |
Baths: | 5 |