LOADING

67 William Cragg Drive Toronto (Downsview-Roding-Cfb), Ontario M3M 1V3

11 Bedroom 5 Bathroom 1500 - 2000 sqft
Bungalow Fireplace Central Air Conditioning Forced Air

$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:57276)

Property Details

MLS® Number W14136062
Property Type Multi-family
Community Name Downsview-Roding-CFB
AmenitiesNearBy Place Of Worship, Public Transit, Schools
Features Carpet Free
ParkingSpaceTotal 6
Structure Porch

Building

BathroomTotal 5
BedroomsAboveGround 11
BedroomsTotal 11
Appliances Garage Door Opener Remote(s), Central Vacuum, Water Heater, Water Meter, Dryer, Washer
ArchitecturalStyle Bungalow
BasementDevelopment Partially Finished
BasementFeatures Separate Entrance, Walk-up
BasementType Full, N/a, N/a, N/a (partially Finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
FireplacePresent Yes
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1500 - 2000 Sqft
Type Other
UtilityWater Municipal Water

Parking

Garage

Land

Acreage No
LandAmenities Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 120 Ft
SizeFrontage 50 Ft
SizeIrregular 50 X 120 Ft
SizeTotalText 50 X 120 Ft|under 1/2 Acre

Rooms

Level Type 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

Interested?

Contact us for more information


Generating Captcha

Sunny Duggal
Broker

Your Favourites

 

No Favourites Found

 

Compare listings

Compare