Primary photo of 1527 O'CONNOR DRIVE, Toronto (O'Connor-Parkview)
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Residential Commercial Mix For Sale

$1,460,000

MLS® Number: E13019496

Bathrooms

4

Floor Area

2,000

1527 O'CONNOR DRIVE, Toronto (O'Connor-Parkview), Ontario

About This Property

8 parking spaces, 600V 3-phase electrical, improved water intake, corner exposure and a well designed commercial kitchen make this building a caterers dream. Imagine the ease of delivery from this well located kitchen, right between the suburbs and downtown, with instant access to the DVP. Your large 10-foot commercial hood clears the air from your busy burners, cooking the food prepared at any one of your 5 prep areas and kept fresh in your 200 square foot walk-in freezer and fridges. Suitable for caterers, ghost kitchens or commissary kitchens, this location comes equipped with an operating hood (10 feet wide), gas connections for burners or fryers of any kind, sinks and sink rough-ins throughout the property, five prep areas, a 100 square foot walk-in freezer and a 100-square foot walk-in fridge (both working well), ample storage, washrooms and office space. The high ceilings on both the main and lower levels make the space appealing, bright and easily ventilated for busy shifts and productive employees. Investors can enjoy the rent from the commercial space (estimated at $6000 per month NET) plus the residential apartment above ($1890 per month plus hydro). The corner property is well exposed to drive-by traffic so that any business will be recognized and easily found by buying customers. Ample electrical supply (600v 3-phase 4-wire 100 amp) and water supply (3/4 inch supply from city) make the juice worth the squeeze. Separate gas and hydro meters make for easy split of residential and commercial bills. 2 1/2 storey south facing brick wall would make for a wonderful mural. Any destination business tenant will be recognizable for miles around.

Property Details

Interior Details

Bathrooms Total

4

Cooling

Fully air conditioned

Heating

Forced air, Natural gas

Living Area

2000 sqft

Land & Location

City Region

O'Connor-Parkview

Frontage Length

17.6 feet

Lot Size Dimensions

17.5 x 125 FT

Postal Code

M4B2V7

Listing & Financials

Listing Office

ROYAL LEPAGE ESTATE REALTY

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

8

Mortgage Calculator

20% ($292,000)
5.5%
25 Years

Estimated Monthly Payment

$7,173

Principal and interest only. Actual rates may vary.

Location & Map

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