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1of10
Multi-Family for sale: 1161 O'CONNOR DRIVE, Toronto
1161 O'connor Drive
$5,000,000
Toronto , Ontario M4B2T5
bed
bath
About the Property

O'Connor Dr & Bermondsey Rd 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. (id:27476)

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Property Details
MLS® Number
E12181045
Type
Multi-family
Community Name
O'Connor-Parkview
Land Size
0.15 ac
Parking Space Total
8
Building
Building Type
Multi-Family
Fireplace Present
No
Building Heating Type
Radiant heat
Building Cooling Type
Fully air conditioned
Utilities
Water
Municipal water
Utility Sewer
Storm sewer
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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$5,000,000 - 1161 O'CONNOR DRIVE, Toronto Ontario M4B 2T5, Canada | Real Estate For Sale | HomeAds.ca

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Updated June 16th 2025 1:58 pm

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Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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