Description

Excellent investment or owner-user opportunity on O'Connor Drive. Mixed-use property featuring ground-floor commercial space and two residential apartments, consisting of one 1-bedroom unit and one 2-bedroom unit. High-exposure location with public transit nearby and municipal parking in the area. Power of Sale property being sold "As Is, Where Is" without representation or warranty by the Seller. Purchasers are advised to satisfy themselves regarding zoning, permitted uses, condition, taxes, rental equipment, parking, fees and other matters relating to the property. (id:66096)

Property Details

MLS®: E13674282
Property Type: Retail
Zoning: CR2.5(c2.5;r1*1163)
Interior Size: 3,200 ft²
Lot Size: 16 × 130 ft (2,080 sq ft)
Frontage: 16 ft
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $9,978/yr
Listed: 83 days ago

Market Timing

Days on market

83d

Toronto (O'Connor-Parkview) listings, avg age

48d

Price / ft²

$406

List price

$1.30M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

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Area context

Neighbourhood profile (M4B)

This home lists at $1,299,000, about 16.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 225% above the area median.

Median household income: $78,000
Population: 18,612
Median age: 43.2
Owner / renter: 48% / 52%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4B)

$1,299,000· $406/ft²

For sale

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Financing

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865 O Connor Drive, Toronto (O'Connor-Parkview) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M4B)

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