12 Batavia Avenue

Introducing a remarkable opportunity in the heart of Toronto, this Multi-Family Home for sale in Toronto is located at 12 Batavia Avenue, Toronto. Nestled in the desirable Rockcliffe-Smythe community, this impressive multiplex building boasts a contemporary 3-storey design, constructed with a blend of stucco (plaster) and brick, ensuring both durability and aesthetic appeal. With a total of 37 rooms, including 9 bedrooms and 5 bathrooms, this property is perfect for those seeking a lucrative investment or a spacious family residence.

The property features a total of four furnished rental apartment suites, comprising four two-bedroom units and one four-bedroom unit, all meticulously designed and furnished to high-end luxury standards. Each suite is self-contained, providing residents with the utmost privacy and comfort. This Multi-Family Home for sale in Toronto offers over 5,000 square feet of rentable space, making it a prime investment opportunity. The design prioritises low maintenance, with in-ground snow melting systems and solar panels that enhance the property's sustainability.

At 12 Batavia Avenue, Toronto, potential buyers will appreciate the finished basement, which includes an apartment, adding further value to this already impressive property. The absence of a pool and fireplace ensures a focus on practicality and ease of maintenance, while the presence of wall unit air conditioning guarantees comfort during the warmer months. The property is unfurnished, allowing new owners to customise the space to their preferences.

This Multi-Family Home for sale in Toronto is not only a sound investment but also presents a unique opportunity for those considering a family compound. The lease on the property can be terminated, providing flexibility for future owners. With no capital expenditure anticipated for the next 20 years, this is a headache-free investment that promises to be a cornerstone of the community.

Additionally, the potential to purchase the company associated with this property allows buyers to save on Land Transfer Tax (LTT) and take advantage of shareholder loans, which could result in tax-free income for at least 15 years. The possibility of converting the asset into condominiums further enhances its appeal, making it a versatile option for investors and families alike.

Situated on a generous lot measuring 26 x 150 feet, this Multi-Family Home for sale in Toronto is equipped with a single parking space and is accessible via a lane driveway. The property is connected to municipal water and sewer systems, ensuring convenience for all residents. The family room adds an extra touch of comfort, making it an ideal space for gatherings and relaxation.

For those interested in exploring this exceptional property, showings can be arranged through the listing agent. A full Confidential Information Memorandum (CIM) is available, along with a data room containing all relevant materials and photographs. For additional information, prospective buyers are encouraged to contact the listing agent via email.

In summary, 12 Batavia Avenue, Toronto, represents a unique opportunity to acquire a Multi-Family Home for sale in Toronto that combines luxury living with investment potential. With its strategic location in Rockcliffe-Smythe, impressive features, and future possibilities, this property is poised to be a significant asset for its new owners. Don’t miss the chance to explore this extraordinary offering in one of Toronto's most sought-after communities.

Rockcliffe-Smythe is a charming residential neighbourhood located in the western part of Toronto, characterised by its lush green spaces and family-friendly atmosphere. Nestled between the scenic banks of the Humber River and the bustling urban landscape, this area offers a delightful blend of nature and convenience. Residents enjoy access to numerous parks, walking trails, and recreational facilities, making it an ideal spot for outdoor enthusiasts. The community features a mix of housing styles, from quaint bungalows to modern townhouses, and boasts a diverse population that contributes to its vibrant character. With local shops, schools, and public transport links nearby, Rockcliffe-Smythe presents a welcoming environment for those seeking a peaceful yet connected lifestyle within the city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is George Syme Community School, just 0.2 km away, offering a public elementary education from Junior Kindergarten to Grade 7, with a school rating of 5.4. Another nearby option is Mountview Alternative Junior School, located 0.6 km away, which serves grades JK to 8. For families seeking French immersion, Humbercrest Public School, 0.9 km from the property, provides education from JK to 8 and boasts a strong rating of 7.5. St. James Catholic School, also within 0.7 km, offers a Catholic education for JK to 8 with a rating of 6.5. For secondary education, Western Technical-Commercial School is 1.7 km away, rated at 7.2, while St. Oscar Romero Catholic Secondary School is also nearby, rated at 2.6. Overall, the area offers a diverse range of schooling options in both English and French, catering to various educational preferences and needs, ensuring that families have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 348 residents as of 2021. The average household consists of 2.6 individuals, with a median age of 42.8 years. The area boasts a relatively high average household income of $102,000, although 11.6% of the population is classified as low-income. The real estate market reflects a robust average property price of $980,000, indicative of the area's desirability. Notably, 50.82% of residents are single, and 33.33% of households include children, suggesting a diverse family structure. The community is characterized by a significant immigrant population, comprising 51.35% of residents, which contributes to its cultural richness. Rental properties are minimal, with only 12% of residents renting, and there are no condominiums available in the area. Educational attainment is high, with 48.33% of residents holding a college or university degree. However, a notable 28.33% of the population is not in the labor force, which may reflect various socioeconomic factors influencing employment in the region. Overall, this demographic snapshot highlights a well-educated, diverse community with a mix of family dynamics and economic profiles.