Toronto E03, ON M4B 2T5,1161 O'connor DR
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Toronto E03, ON M4B 2T5,1161 O'connor DR
Toronto E03, ON M4B 2T5,1161 O'connor DR
Toronto E03, ON M4B 2T5,1161 O'connor DR
Toronto E03, ON M4B 2T5,1161 O'connor DR
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$ 5,000,000
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1161 O'connor DR Toronto E03, ON M4B 2T5


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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision O'Connor-Parkview

MLS Listing ID E12181045

Annual Tax Amount $20,100

Tax Year 2024

Property Sub-Type Investment

Lot Depth 38.1

Lot Front 16.31

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.

Location

Province ON

County Toronto

Community O'Connor-Parkview

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 16.31

Lot Depth 38.1

Others

Security Features Yes

Virtual Tour https://www.youtube.com/watch?v=Q8oIKYNH3nk


Listed by COMFREE
agent

Jethro Seymour

Broker

+1(416) 712-0767

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1161 O'connor DR