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NewMultiplex

67 William Cragg Drive

Downsview-Roding-CFB · North York, M3M 1V3

$2,699,888

Beds
11
Baths
5
Size
1,500-2,000 ft²
Type
Multiplex
Listed
Listed today
MLS®
W14136062

About this home

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 details

MLS® number
W14136062
Property type
Multiplex
Style
Bungalow
Bedrooms
11
Bathrooms
5
Kitchens
5
Interior size
1,500-2,000 ft²
Lot
50 × 120 ft
Basement
Full, Separate Entrance, Walk-Up, Partially Finished
Heating
Forced Air, Gas
Cooling
Central Air
Parking
6 total, garage: yes
Fireplace
Yes
Exterior
Brick
Property taxes
$5,113 (2025)
Possession
Flexible
Cross street
Jane & Wilson
Community
Downsview-Roding-CFB
City
North York

Rooms

  • Family Room

    14' 7" × 10' 1"

    Main

  • Living Room

    12' 1" × 10' 1"

    Main

  • Dining Room

    12' 1" × 11' 1"

    Main

  • Kitchen

    14' 7" × 11' 5"

    Main

  • Primary Bedroom

    13' 10" × 10' 1"

    Main

  • Bedroom 2

    11' 7" × 9' 7"

    Main

  • Bedroom 3

    10' 1" × 9' 7"

    Main

  • Kitchen

    12' × 10'

    Basement

  • Laundry

    18' × 23'

    Basement

  • Recreation

    27' × 23'

    Basement

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

Downsview-Roding-CFB · North York, near Jane & Wilson

67 William Cragg Drive, North York

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$11,955per month

$539,978 down · 4.5% · 25 years

Down payment

%
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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

7646 Yonge Street

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67 William Cragg Drive, North York | Multi-unit for sale