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Home ON Greater Toronto Area Toronto East York O'Connor-Parkview Topham Park
1161 O'CONNOR DRIVE
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1161 O'CONNOR DRIVE $5,000,000
$5,000,000
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1161 O'CONNOR DRIVE
Toronto (O'Connor-Parkview), Ontario M4B2T5

MLS® Number: E12181045

Listing 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. (40564495)

Location Description

O'Connor Dr & Bermondsey Rd

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
O'Connor-Parkview
Land Size
0.15 ac
Annual Property Taxes
$20,100.30
Total Parking Spaces
8
Time on REALTOR.ca
29 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Radiant heat
Utilities
Utility Sewer
Storm sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
8

Land

Lot Features
Frontage
16.31 m
Land Depth
38.1 m
Other Property Information
Zoning Description
CR2.5(c2.5;r1)*1163)
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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