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.
Multi-familyProperty Type
3,932 sq ftLot Size
1 spaceParking
Listed by ALEXANDRE CARLOS ALVES JARDINO• KELLER WILLIAMS ADVANTAGE REALTY
Finished basement with separate apartment and sump pump
Wall cooling units
Electric heating with heat pump
Heating & cooling
Heat pump heating
Wall-mounted cooling units
Exterior features
Flat roof
Property faces east
Solar energy system
Smoke and carbon monoxide detectors
Home design
Three-storey multi-family residential income property (multiplex)
Parking
One parking space
Security
Smoke detectors
Carbon monoxide detectors
Construction
Stucco and brick construction
Utilities
Public water
Sale and tax history for 12 Batavia Ave
Sale History
Tax History
Date
Event
Price
TREB #W12402385
Sep 13, 2025
Listed
$8,550,000
TREB #W9271695
Sep 2, 2025
Delisted
—
Nov 1, 2024
Listed
$8,550,000
Nov 1, 2024
Delisted
—
Aug 27, 2024
Listed
$8,550,000
+7
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.