Vishal Sharma
Broker
$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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| CB METROPOLITAN COMMERCIAL LTD. |
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Vishal Sharma
Broker
Dir:
416-627-6612
Bus:
905-673-8500
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Office |
| Area: | Toronto |
| Municipality: | Toronto C13 |
| Neighbourhood: | Victoria Village |
| Approximate Age: | 51-99 |
| Tax: | $80,321 |
| Baths: | 6 |
| Fireplace: | N |
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