The Blue Jays acquired Bateman and infielder Ty Southisene from the Cubs on Sunday in exchange for right-hander Kevin Gausman, Mark Feinsand of MLB.com reports.
The 24-year-old Bateman has had an impressive season at Triple-A Iowa, slashing .312/.430/.421 with three home runs and 20 steals over 82 games. He'll report to the Blue Jays' Triple-A affiliate in Buffalo and could have a shot at making his MLB debut later this season, though Toronto would need to add him to its 40-man roster.