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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.
City: Toronto
Neighborhood: Rockcliffe-Smythe
Purchase Price | $8550000 |
Down Payment | $1710000 |
Mortgage Insurance | $0 |
Total Mortgage | $6840000 |
Mortgage Payment | $42150 |
Property Taxes | $1149 |
Maintenance Fees | $0 |
Monthly Payment | $43299 |
Located at 12 Batavia Ave , this Toronto house is available for sale. This property was listed for $8,550,000 on Thu Oct 03 2024. This house's size is 5000 + Sqft. It has 9 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 1 parking spots. 12 Batavia Ave, Toronto is situated in the Rockcliffe-Smythe neighbourhood.
MLS#: W9271695 · $8,550,000 · 9 bedroom house in Rockcliffe-Smythe, Toronto