For Sale

1161 O'connor Drive, Toronto E03, Ontario M4B 2T5

$0

1161 O'connor Drive, Toronto E03, Ontario M4B 2T5 is For Sale and has a listing price of 5,000,000. The property is located in the Toronto E03 . It's been on the website for 111 Days.

  • Investment
    Property Type
  • MLS ID: E12181045
  • Office Name COMFREE
Property Description

Turnkey 12-Unit Multifamily Investment Opportunity. This fully renovated 12-unit building presents a rare opportunity to acquire a stabilized, cash-flowing asset with significant capital improvements and a highly attractive assumable CMHC mortgage. Renovated from the studs up in 2020 with nearly $1M in upgrades, all units feature modern interiors, updated finishes, and functional layouts. The unit mix includes five spacious 2-bedroom + den suites and seven well-designed 1-bedroom units, appealing to a broad tenant base. Highlights Include: Full interior gut-renovation (2020) all 12 units + common space. Two new Coinmatic washers and dryers (owned, not leased)Newer windows and roof (approx. 10 years old)Foundation professionally re-sealed from exterior (under 10 years ago). Mortgage Assumption: CMHC-insured mortgage must be assumed 2.76% interest rate. Current term matures Dec 1, 2031. This is a solid, long-hold asset offering stable returns, low financing costs, and minimal capital expenditure required for years to come. Perfect for investors seeking reliable cash flow and long-term appreciation in a professionally upgraded multifamily asset.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: E12181045
  • Price: $5,000,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 38.1
  • Ref ID: E12181045
  • Dir / Cross St: O'Connor Dr & Bermondsey Rd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
05/29/2025 E12181045 $5,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E03
  • $1,343,627 Average List Price
    based on 1 year
  • 90 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 133.64 % Up
  • Sold (12mo) 370
  • Rented (12mo) 290

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Radiant
  • Garage Type Outside/surface
  • Parking Spaces: 8
  • Taxes: $20,100
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/05/2025 13:56:28
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