12, Batavia, Rockcliffe-Smythe, Toronto, Residential Freehold

Description

Residential Freehold Multiplex For Sale.

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 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. For showings please contact the Listing Agent Full CIM is available. Data room with all materials and photos. For additional information please email listing agent.

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

Cross Street: Runnymede Rd / St. Clair Ave W

Direction Faces: East