11 Bedroom
5 Bathroom
1,500 - 2,000 ft2
Bungalow
Fireplace
Central Air Conditioning
Forced Air
$2,699,888
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:61594)
Property Details
|
MLS® Number
|
W14136062 |
|
Property Type
|
Multi-family |
|
Community Name
|
Downsview-Roding-CFB |
|
Amenities Near By
|
Place Of Worship, Public Transit, Schools |
|
Features
|
Carpet Free |
|
Parking Space Total
|
6 |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
11 |
|
Bedrooms Total
|
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 |
|
Fire Protection
|
Smoke Detectors |
|
Fireplace Present
|
Yes |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Place Of Worship, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
120 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
50 X 120 Ft |
|
Size Total Text
|
50 X 120 Ft|under 1/2 Acre |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30465324/67-william-cragg-drive-toronto-downsview-roding-cfb-downsview-roding-cfb
