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SaleOffice

1880 O'connor Drive

Toronto C13, ON M4A 1W9

Price

$8,888,000

Building Size

18,461 sq ft

Lot: 16,462 sq ft

MLS# C12976342 | Listed by CB METROPOLITAN COMMERCIAL LTD.

Business Details

Property Use

Office

Commercial Space & Financials

Retail Area

6,089 sq ft

Office / Apt Area

12,178 sq ft

Taxes (Annual)

$80,321

Industrial Specifications

Parking

38 spaces (None)

Lot Size

158.2' × 104'

Structure

Freestanding

Property Description

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.

Price & Status History

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Location

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1880 O'connor Drive, Toronto C13 M4A 1W9

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Listing Courtesy of: CB METROPOLITAN COMMERCIAL LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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