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Katie VanNes

katie@mostreferred.expert +1(604) 855-8228

$ 2,699,888

Est. payment | -/mo

11 Beds

7 Baths

Save

$ 2,699,888

Est. payment | -/mo

Save

11 Beds

7 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Subdivision Downsview-Roding-Cfb

MLS® Listing ID W14136062

Style Bungalow

Bedrooms 11

Property 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Basement 8.22 m X 7.01 m Recreational, Games room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Listed by EXP REALTY

NEARBY PROPERTIES

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A 2J2, Canada

67 WILLIAM CRAGG DRIVE Toronto, ON M3M1V3

Katie VanNes

Key Details

Location

Rooms

Interior

Exterior

Building

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67 WILLIAM CRAGG DRIVE