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Behzad Rahdari, P. Eng.

Broker
Re/Max Hallmark Realty Ltd., Brokerage Independently owned and operated. 9555 Yonge St , Richmond Hill, Ontario L4C 9M5 Cell: 416-301-7556Office: 905-883-4922

$8,888,000
Available - For Sale
Listing ID: C12976342
1880 O'connor Drive , Toronto, M4A 1W9, Toronto


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 $8,888,000
Taxes: $80321.00
Tax Type: Annual
Occupancy: Vacant
Address: 1880 O'connor Drive , Toronto, M4A 1W9, Toronto
Postal Code: M4A 1W9
Province/State: Toronto
Directions/Cross Streets: Eglinton & Victoria Park
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Office
Building Percentage: T
Total Area: 18461.00
Total Area Code:  Sq Ft Divisible
Office/Appartment Area: 12178
Office/Appartment Area Code: Sq Ft Divisible
Retail Area Code: Sq Ft Divisible
Approximatly Age: 51-99
Sprinklers: No
Washrooms: 6
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CB METROPOLITAN COMMERCIAL LTD.
Personal Picture
Behzad Rahdari, P. Eng.
Broker
Dir:
416-301-7556
Bus:
905-883-4922
 
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At a Glance:
Type: Com - Office
Area: Toronto
Municipality: Toronto C13
Neighbourhood: Victoria Village
Style:
Lot Size: x 104.00(Feet)
Approximate Age: 51-99
Tax: $80,321
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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