New Listing
67 William Cragg Drive,Toronto (Downsview-Roding-CFB), ON M3M1V3
Toronto (Downsview-Roding-CFB), ON M3M1V3
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! (id:13843)
Details
| MLS # | W14136062 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | EXP REALTY | SUNNY DUGGAL |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 1,500 |
| Garage | 6 |
| Basement | Y |
| Story(s) | 1 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Water meter, Central Vacuum, Dryer, Garage door opener remote(s), Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Carpet Free |
| Foundation Details | Block |
Parking
| Parking Features | Garage |
|---|---|
| Parking Total | 6 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5113 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Downsview-Roding-CFB) |
| Postal Code | M3M1V3 |
| Listing VS Median (in M3M1V3) | |
Price: $2,699,888 low | high Med: $3,300 sqft: 1,500 low | high Med: 700 $ / sqft: $1,800 low | high Med: $5 On site: 1 low | high Med: 2 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Downsview-Roding-CFB) |
| Postal Code | M3M1V3 |
| Listing VS Median (in M3M1V3) | |
Price: $2,699,888 low | high Med: $3,300 sqft: 1,500 low | high Med: 700 $ / sqft: $1,800 low | high Med: $5 On site: 1 low | high Med: 2 | |