$2,699,888.00

67 WILLIAM CRAGG DRIVE, Toronto (Downsview-Roding-CFB), Ontario, M3M1V3, Canada Listing ID: W14136062
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Bathrooms Bedrooms Property Type
7 11 Multi-family

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:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 67 WILLIAM CRAGG DRIVE (W14136062)
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Additional Information
Amenity Near By Place of Worship, Public Transit, Schools
Features Carpet Free
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - Garage
Transaction For sale
Building
Bathroom Total 7
Bedrooms Total 11
Bedrooms Above Ground 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
Fireplace Present True
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 1500 - 2000 sqft
Stories Total 1
Type Other
Utility Water Municipal water
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