67 William Cragg Drive in Toronto: Downsview-Roding-CFB House for sale (Toronto W05) : MLS®# W14136062
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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!
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Bungalow
Total Approx Floor Area:
1500-2000
Lot Size:
<.50
Lot Depth:
120'36.6 m
Lot Frontage:
50'15.2 m
Lot Shape:
Rectangular
Direction Faces:
North
Bedrooms:
11
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
11
Kitchens Above Grade:
5
Rooms Above Grade:
26
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Full, Separate Entrance, Walk-Up, Partially Finished
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
Yes
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$5,113 /
2025
Assessment:
$- /
-
Toronto
Toronto W05
Downsview-Roding-CFB
Place Of Worship, Public Transit, School
Auto Garage Door Remote, Carpet Free, Central Vacuum, Primary Bedroom - Main Floor, Water Heater, Water Meter
Privacy, Porch
Carbon Monoxide Detectors, Smoke Detector
All chattels and fixtures, SS appliances x 5, washer and dryer x 5
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