12 Batavia Avenue
12 Batavia Avenue
$8,550,000
$1,710/sq ft · 322 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $37,252 |
| Property Tax (MLS) | $1,149 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $38,400 |
Down payment: $1,710,000 (20.0%) · Mortgage: $6,840,000
Property tax uses MLS annual tax of $13,787/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by KELLER WILLIAMS ADVANTAGE REALTY
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Data last updated: August 23, 2026 at 10:26 a.m.