12 Batavia Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Rockcliffe-Smythe. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $8,550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 12 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 26.28 x 149.61 ft lot
- Features a finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: ERV/HRV, Floor Drain, On Demand Water Heater
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
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.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Park, School
Interior Features
ERV/HRV, Floor Drain, On Demand Water Heater, Solar Owned, Sump Pump, Upgraded Insulation, Water Heater Owned, Ventilation System
Security Features
Smoke Detector, Carbon Monoxide Detectors
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 12 Batavia Avenue, Toronto W03, ON M6N 4A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $8,550,000 in Toronto, the legal minimum down payment is $1,710,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $200,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $200,225 also applies, bringing the total estimated land transfer taxes to $400,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.