67 William Cragg Drive Toronto, Ontario M3M 1V3

$2,699,888

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! (id:55460)

Property Details

MLS® Number	W14136062
Property Type	Multi-family
Neigbourhood	Oakdale-Beverley Heights
Community Name	Downsview-Roding-CFB
Amenities Near By	Place Of Worship, Public Transit, Schools
Features	Carpet Free
Parking Space Total	6
Structure	Porch

Building

Bathroom Total	5
Bedrooms Above Ground	11
Bedrooms Total	11
Appliances	Garage Door Opener Remote(s), Central Vacuum, Water Heater, Water Meter, Dryer, Washer
Architectural Style	Bungalow
Basement Development	Partially Finished
Basement Features	Separate Entrance, Walk-up
Basement Type	Full, N/a, N/a, N/a (partially Finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Fire Protection	Smoke Detectors
Fireplace Present	Yes
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	1
Size Interior	1,500 - 2,000 Sqft
Type	Other
Utility Water	Municipal Water

Parking

Garage

Land

Acreage	No
Land Amenities	Place Of Worship, Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	120 Ft
Size Frontage	50 Ft
Size Irregular	50 X 120 Ft
Size Total Text	50 X 120 Ft|under 1/2 Acre

Rooms

Level	Type	Length	Width	Dimensions

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30465324/67-william-cragg-drive-toronto-downsview-roding-cfb-downsview-roding-cfb