Primary photo of 1880 O'CONNOR DRIVE, Toronto (Victoria Village)
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Offices For Sale

$8,888,000

MLS® Number: C12976342

Bathrooms

6

Floor Area

18,461

1880 O'CONNOR DRIVE, Toronto (Victoria Village), Ontario

About This Property

This six storey mixed-use office building was constructed in 1960 and significantly renovated in 2019. It offers 2,390 square foot office floor plates (12' ceilings) and 38 parking stalls, with the ground level having been used as a pharmacy and the first floor as a restaurant in the recent past. This presents a strong end user opportunity with significant longer term hold potential with 4 to 5 floors of office space plus the ground floor retail space. The property is accessible via road cuts both onto O'Connor Drive and Bartley Drive. The total building area is 18,461 square feet on a 16,458 square foot lot (0.38 acres). Ideally situated on the western edge of the Golden Mile Secondary Plan area (link), 1880 O'Connor Drive is gateway to the Golden Mile. The Golden Mile Secondary Plan is a City of Toronto Official Plan Amendment that sets a vision and planning framework for a major redevelopment of the Golden Mile area. 1880 O'Connor Drive also greatly benefits from the O'Connor Drive Reconfiguration Plan which may provide a valuable future investment opportunity. This property is situated in the 'key intersection' of the O'Connor Drive Avenue Area Study.

Property Details

Interior Details

Bathrooms Total

6

Cooling

Fully air conditioned

Heating

Forced air, Natural gas

Living Area

18461 sqft

Land & Location

City Region

Victoria Village

Frontage Length

158.2 feet

Lot Features

Irregular lot size, Elevator

Lot Size Dimensions

158.2 x 104 FT ; 190.07ft. x 157.88ft x 88.32ft x 120.6ft

Postal Code

M4A1W9

Listing & Financials

Listing Office

CB METROPOLITAN COMMERCIAL LTD.

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

38

Mortgage Calculator

20% ($1,777,600)
5.5%
25 Years

Estimated Monthly Payment

$43,664

Principal and interest only. Actual rates may vary.

Location & Map

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