67 William Cragg Drive, Toronto, ON M3M 1V3

$2,699,888
11
BD
7
BA
1,500
SqFt

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List Price
$2,699,888
MLS#
W14136062
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
Bungalow
Bedrooms
11
Bathrooms
7
Living Area
1500-2000
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Downsview-Roding-CFB
Subdivision
Jane & Wilson

Property Description

RARE TURNKEY 5-UNIT INVESTMENT OPPORTUNITY WITH APPROXIMATELY $13,000/MONTH IN POTENTIAL RENTAL INCOME! Discover an exceptional opportunity to own a newly renovated, income-producing multi-residential property in Toronto, featuring 4 self-contained residential units plus a detached 2-bedroom, 2-bathroom garden suite! Thoughtfully designed to maximize rental appeal, privacy, and functionality, this impressive property offers a total of 11 bedrooms and 8 bathrooms across five individual residences. Unit 1 features 3 bedrooms and 2 bathrooms, while Units 2, 3, and 4 each offer 2 bedrooms and 1 bathroom. The detached garden suite (Unit 5) provides an additional 2 bedrooms and 2 bathrooms, creating a highly desirable standalone rental option. Each residence features modern finishes, contemporary kitchens with stainless steel appliances and quartz countertops, private in-suite laundry, and comfortable living spaces. Extensive renovations provide investors with a turnkey opportunity and reduced immediate capital expenditure requirements. POTENTIAL GROSS RENTAL INCOME OF $156,000 ANNUALLY! An excellent opportunity for investors seeking multiple income streams, long-term appreciation, and portfolio growth. CMHC FINANCING APPLICATION CURRENTLY IN PROCESS, offering an opportunity to explore attractive multi-unit financing options, subject to lender and CMHC approval. Conveniently located near public transit, major highways, shopping, schools, parks, and everyday amenities. Whether you're expanding your investment portfolio or seeking a high-potential multi-residential asset, this property delivers an exceptional combination of modern living, diversified rental income, and long-term investment potential. FIVE RESIDENCES. ONE PROPERTY. MULTIPLE INCOME STREAMS. DON'T MISS THIS OPPORTUNITY!

Additional Information

Taxes
$5,113
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
5
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
6
Parking Type
Private

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Listing courtesy of EXP REALTY.