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!
Address
67 William Cragg Drive
List Price
$2,699,888
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Bungalow
Transaction Type
Sale
Area
Toronto W05
Sub-Area
Downsview-Roding-CFB
Region
Toronto
Bedrooms
11
Bedrooms (Total)
11
Rooms Above Grade
26
Bathrooms
5
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
Other
Lot Depth
120
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
50
Parcel Number
102700077
Occupant Type
Partial
Cross Street
Jane & Wilson
MLS® Number
W14136062
Listing Brokerage
EXP REALTY
Basement Area
Full, Separate Entrance, Walk-Up, Partially Finished
Postal Code
M3M 1V3
Parking
Private
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$5,113.00
Tax Year
2025
Site Influences
Place Of Worship, Porch, Privacy, Public Transit, School
Exterior Features
Privacy, Porch
Interior Features
Auto Garage Door Remote, Carpet Free, Central Vacuum, Primary Bedroom - Main Floor, Water Heater, Water Meter
Property Features
Place Of Worship, Public Transit, School
Cable
Yes
Central Vacuum
Yes
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
UFFI
No
Direction Faces
North
Fireplace
Yes
Foundation Details
Block
Garage
Yes
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
5
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Lot 243, Plan 3732
Security Features
Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Family Room | 4.45 x 3.08 | |
| Main | Living Room | 3.69 x 3.08 | |
| Main | Dining Room | 3.69 x 3.39 | |
| Main | Kitchen | 4.45 x 3.47 | |
| Main | Primary Bedroom | 4.21 x 3.08 | |
| Main | Bedroom 2 | 3.53 x 2.93 | |
| Main | Bedroom 3 | 3.08 x 2.93 | |
| Basement | Kitchen | 3.66 x 3.05 | |
| Basement | Laundry | 5.49 x 7.01 | |
| Basement | Recreation | 8.22 x 7.01 |
