$ 5,000,000
Ontario Toronto Bermondsey
16 Photos
1161 Oconnor Drive, Toronto, ON M4B2T5 Photo 2
1161 Oconnor Drive, Toronto, ON M4B2T5 Photo 3
1161 Oconnor Drive, Toronto, ON M4B2T5 Photo 4
1161 Oconnor Drive, Toronto, ON M4B2T5 Photo 5

1161 Oconnor Drive, Toronto

  • Living area: 0.15 sqft
  • Added: 3 months ago
  • Updated: 3 months ago
  • Last Checked: 2 days ago
  • Listed by: COMFREE
  • View All Photos

Listing description
This Other at 1161 Oconnor Drive Toronto, ON with the MLS Number e12181045 listed by Erin Holowach - COMFREE on the Toronto market 3 months ago at $5,000,000.

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:1945)
Property Details Key information about 1161 Oconnor Drive
  • Cooling: Fully air conditioned
  • Heating: Radiant heat
  • Structure Type: Multi-Family
Exterior & Lot Features Learn about the exterior and lot specifics of 1161 Oconnor Drive
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.15
Utilities & Systems Review utilities and system installations
  • Sewer: Storm sewer
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Nearby Listings Stat Estimated price and comparable properties near 1161 Oconnor Drive

Active listings
371
Min Price
$1
Max Price
$9,200,000
Avg Price
$1,089,217
Days on Market
42 days
Sold listings
147
Min Sold Price
$99,500
Max Sold Price
$2,498,000
Avg Sold Price
$945,709
Days until Sold
50 days

Nearby Places Nearby schools and amenities around 1161 Oconnor Drive

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Eglinton Square Mall (1.4 km)
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Providence Healthcare (1.8 km)
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Toronto East General Hospital (3 km)
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The Ontario Science Centre (2.6 km)
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Japanese Canadian Cultural Centre (2.7 km)
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Mandarin Restaurant (3.1 km)
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Ted Reeve Community Arena (3.1 km)
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Shops at Don Mills (3.8 km)
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Sunnybrook Park (4.4 km)
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Edwards Gardens (4.8 km)
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Kew Gardens (5 km)
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Price History

May 29, 2025
by COMFREE
$5,000,000
1161 Oconnor Drive
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