Multiplex for Sale: 67 William Cragg Drive, Downsview-Roding-CFB, Toronto

MLS® Number W14136062
For Sale   $ 2,699,888
  • 11 beds | 
  • 5 baths | 
  • 1500-2000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Multiplex For Sale.

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 Features: Place Of Worship, Public Transit, School

Interior Features: Auto Garage Door Remote, Carpet Free, Central Vacuum, Primary Bedroom - Main Floor, Water Heater, Water Meter

Cross Street: Jane & Wilson

Direction Faces: North

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bedrooms Total: 11
  • Bedrooms Above Grade: 11
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 5
  • Lot Width: 50.00
  • Kitchens Total: 5
  • Parking Total: 6
  • Parking Spaces: 6
  • Parking Features: Private
  • Garage Type: None
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Living Area Range: 1500-2000 Square Feet

Location 67, William Cragg, Downsview-Roding-CFB, Toronto

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Kate Naccarato
Sales Representative 416-779-6085