1880 O'connor Drive Toronto, Ontario M4A 1W9

$8,888,000

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. (id:61215)

Property Details

MLS® Number	C12976342
Property Type	Office
Community Name	Victoria Village
Features	Irregular Lot Size, Elevator
Parking Space Total	38

Building

Bathroom Total	6
Age	51 To 99 Years
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	18,461 Ft2
Type	Offices
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	104 Ft
Size Frontage	158 Ft ,2 In
Size Irregular	158.2 X 104 Ft ; 190.07ft. X 157.88ft X 88.32ft X 120.6ft
Size Total Text	158.2 X 104 Ft ; 190.07ft. X 157.88ft X 88.32ft X 120.6ft
Zoning Description	Mixed-use

https://www.realtor.ca/real-estate/29579281/1880-oconnor-drive-toronto-victoria-village-victoria-village