Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
12 Batavia Avenue, Rockcliffe-Smythe M6N 4A2
Price
$8,550,000
Bedrooms
9 Beds
Bathrooms
5 Baths
Size
3500-5000 sqft
Year Built
New
Property Type
House
Property Taxes
$13787
Description
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.
Property Dimensions
All Rooms
Dimensions
0' × 0'
Features
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$32,364 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$6,840,000
Total Interest Payments
$4,217,277
Total Payment (Principal + Interest)
$11,057,277
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Meet Ken Matsumoto
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
