12 Batavia Ave
Rockcliffe-Smythe, Toronto, M6N 4A2
FOR SALE
$8,550,000
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9 + 3
BEDROOMS5
BATHROOMS5
KITCHENS37
ROOMSW9271695
MLSIDContact Us
Property Description
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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-14 | 2024-03-20 | 35 | $5,000 | $3,000 | Leased |
| 2024-02-14 | 2024-03-21 | 36 | $5,000 | - | Suspended |
| 2023-09-19 | 2024-02-15 | 151 | $4,250 | - | Suspended |
Nearby Intersections
Scarlett & St Clair (17)
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
26' x 150'
Fronting
East
Taxes
$13,787 (2024)
Basement
Apartment, Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
12 Batavia Ave is a 9-bedroom 5-bathroom home listed for sale at $8,550,000, which is $6,950,000 (434.4%) higher than the average sold price of $1,600,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 9 bedroom home in Toronto declined by $1,021,944 (39.0%) compared to the previous 30 day period (September 27 - October 26) and down $425,000 (21.0%) from the same time one year ago.Inventory Change
There were 6 9-bedroom homes listed in Toronto over the last 30 days (October 27 - November 25), which is down 14.3% compared with the previous 30 day period (September 27 - October 26) and up 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold $101,000 (6.3%) above asking price over the last 30 days (October 27 - November 25), which represents a $154,006 increase compared to the previous 30 day period (September 27 - October 26) and ($519,999) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 9-bedroom homes in Toronto over the last 30 days (October 27 - November 25) stood at 16.7%, down from 28.6% over the previous 30 days (September 27 - October 26) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 5-bathroom home in Toronto stood at 29 days when successfully sold over the last 30 days (October 27 - November 25), compared to 108 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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