MLS® listing
67 William Cragg Drive: multiplex for sale
$2,699,888
From the listing brokerage
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!
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | Bungalow |
| Basement | Full, Separate Entrance, Walk-Up, Partially Finished |
| Lot width | 50 |
| Lot depth | 120 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 6 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 5 |
| Property tax | $5,113 |
| Tax year | 2025 |
| Parking | Private |
| Interior features | Auto Garage Door Remote, Carpet Free, Central Vacuum, Primary Bedroom - Main Floor, Water Heater, Water Meter |
| Features | Place Of Worship, Public Transit, School |
Listing courtesy of EXP REALTY. MLS® W14136062.
About this multiplex
67 William Cragg Drive is an 11 bedroom multiplex in TRREB's Downsview-Roding-CFB community in Toronto, listed for sale at $2,699,888. The listing shows 5 bathrooms and 1500-2000 square feet. The style is given as bungalow. The lot is listed as 50 by 120 feet. The listing gives the basement as full, separate entrance, walk-up, partially finished. It comes with 6 parking spaces according to the listing. The nearest main intersection given is Jane & Wilson.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 67 William Cragg Drive
At the asking price of $2,699,888, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,699,888 |
|---|---|
| Ontario land transfer tax | $53,972 |
| Toronto municipal land transfer tax | $53,972 |
| Both taxes | $107,944 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $539,978 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $5,113 a year, about $426 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 50 by 120 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 5 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 67 William Cragg Drive
How much is land transfer tax on 67 William Cragg Drive?
At the asking price of $2,699,888 the Ontario tax is $53,972 and the Toronto tax is $53,972, $107,944 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 67 William Cragg Drive?
$539,978 at the asking price of $2,699,888, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 67 William Cragg Drive?
The listing shows $5,113 a year for 2025, about $426 a month.
How do I book a showing for 67 William Cragg Drive?
Use the form on this page or call us. Quote MLS® W14136062. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 67 William Cragg Drive still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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