43 William Cragg Drive, Toronto W05

Price: $2,299,900

10 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12668610

Custom-built modern luxury 2 Storey Multi Family Generational home offering nearly 4,000 sq. ft. of living space. Could be one of the Nicest Custom Homes! Features a grand double-door entrance, separate living area, elegant dining room, 3 kitchens, 6 Baths, hardwood floors, and dual laundry rooms. Stunning Chef's main kitchen opens to a balcony with front and rear access! Wrought Iron Staircase! Separate entrance to finished basement with Kitchen, 4 Bedrooms & More! Great Rental Potential! Perfect for homeowners looking to offset expenses or investors seeking a flexible, high-quality rental opportunity! Prime location close to parks, schools, major highways. Spacious backyard with great outdoor potential.

43 William Cragg Drive - Detached photo 1 of 22 in Downsview / Black Creek, Ontario
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$2,299,900 - 43 William Cragg Drive, Downsview

Detached for Sale in Downsview

141 days on market
10Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12668610
Property Type
Detached
Status
active
Days on Site
141
Bedrooms
10
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
DREAMWORLD REALTY INC.
Description

Custom-built modern luxury 2 Storey Multi Family Generational home offering nearly 4,000 sq. ft. of living space. Could be one of the Nicest Custom Homes! Features a grand double-door entrance, separate living area, elegant dining room, 3 kitchens, 6 Baths, hardwood floors, and dual laundry rooms. Stunning Chef's main kitchen opens to a balcony with front and rear access! Wrought Iron Staircase! Separate entrance to finished basement with Kitchen, 4 Bedrooms & More! Great Rental Potential! Perfect for homeowners looking to offset expenses or investors seeking a flexible, high-quality rental opportunity! Prime location close to parks, schools, major highways. Spacious backyard with great outdoor potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,173.23/mo

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5-yr fixed avg.

Principal: $1,839,920Interest: $1,212,050
Mortgage Amount$1,839,920
Total Interest$1,212,050
Est. Property Tax$1,629/mo
Total Cost$3,051,970

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Downsview / Black Creek

Discover Downsview / Black Creek

Downsview / Black Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Downsview / Black Creek

  • Convenient location in Downsview / Black Creek
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Downsview / Black Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

43 William Cragg Drive, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,450/mo
Range: $5,483 - $7,417
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$6,450
Maintenance Fees-$0
Property Tax (est.)-$1,629
Insurance (est.)-$479
Net Cash Flow+$4,342

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $657/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 141 days on site, this property has exceeded the typical selling timeline for Downsview. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Downsview are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 10 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downsview.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    MLS# W12668610 — 43 William Cragg Drive | Battaglia Team