
Toronto
Toronto
$2,699,888
67 WILLIAM CRAGG DRIVE, Toronto, M3M1V3
MLS Number: W14136062
Beds
11
Baths
5
Listing
For Sale
Type
Freehold
Square Feet
1,500 - 2,000
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!
Location
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67 WILLIAM CRAGG DRIVE, Toronto, M3M1V3
Nearby Schools
Schools near 67 WILLIAM CRAGG DRIVE
Distances are measured in a straight line from this property.
Tumpane Public School
Elementary school · Grades JK-5
Toronto DSB
48 Tumpane St, North York, Ontario, M3M1L8
Highview Public School
Elementary school · Grades JK-5
Toronto DSB
22 Highview Ave, North York, Ontario, M3M1C4
Chalkfarm Public School
Elementary school · Grades JK-5
Toronto DSB
100 Chalkfarm Dr, North York, Ontario, M3L1L4
St Andre Catholic School
Elementary school · Grades JK-8
Toronto CDSB
36 Yvonne Ave, Toronto, Ontario, M3L1C9
Beverley Heights Middle School
Elementary school · Grades 6-8
Toronto DSB
26 Troutbrooke Dr, North York, Ontario, M3M1S5
Pierre Laporte Middle School
Elementary school · Grades 6-8
Toronto DSB
1270 Wilson Ave, North York, Ontario, M3M1H5
St Conrad Catholic School
Elementary school · Grades JK-8
Toronto CDSB
5 Exbury Road, North York, Ontario, M3M0A8
Pelmo Park Public School
Elementary school · Grades JK-5
Toronto DSB
180 Gary Dr, North York, Ontario, M9N2M1
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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Down Payment
$539,978
Mortgage Amount
$2,159,910
Principal + Interest
$12,489 / mo
5-Year Term Payments
$749,315
Estimated Monthly Carrying Cost
$13,139
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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