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$2,699,888
67 William Cragg Drive, Toronto, ON M3M 1V3
- 11 bedrooms
- 5 bathrooms
- 1500-2000 sq ft
- Multiplex
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!
Listing details
Overview
| Property type | Multiplex |
|---|---|
| Transaction | For Sale |
| Community | Downsview-Roding-CFB |
| Storeys / style | Bungalow |
| Approx. square footage | 1500-2000 sq ft |
| Annual property taxes | $5,113 (2025) |
| Days on market | New today |
Building
| Bedrooms | 11 |
|---|---|
| Bathrooms | 5 |
| Kitchens | 5 |
| Basement | Full, Separate Entrance, Walk-Up, Partially Finished |
| Heating | Forced Air / Gas |
| Cooling | Central Air |
| Fireplace | Yes |
| Exterior finish | Brick |
| Pool | None |
Land
| Lot size | 50 × 120 Feet |
|---|---|
| Water / sewer | Sewer |
Parking
| Garage | None |
|---|---|
| Total parking | 6 |
Listing brokerage: EXP REALTY · MLS® # W14136062