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1527-1549 O'connor Dr 1,948 SF Retail Condo Unit Offered at $1,270,000 CAD in Toronto, ON M4B 2V7



Investment Highlights
- Mixed-use building featuring commercial space on the main level and residential accommodations on the upper and lower levels.
- Second-floor apartment includes two bedrooms, updated kitchen finishes, balcony access, and a four-piece bathroom.
- Rear laneway access and one private parking space provide additional functionality for occupants.
- Main-floor commercial area includes a storefront entrance, large display window, kitchenette, and washroom facilities.
- Basement apartment includes two bedrooms, full kitchen, four-piece bathroom, and separate ingress and egress points.
- Located within an established commercial plaza alongside retail, service, medical, and food-related businesses.
Executive Summary
1533 O'Connor Drive is a mixed-use commercial and residential building located within a commercial plaza in Toronto, Ontario. The main level contains commercial space with a storefront entrance, kitchenette, two-piece washroom, interior basement access, and rear access to the laneway. The second floor contains a residential apartment with two bedrooms, kitchen, combined living and dining area, balcony, and four-piece bathroom. The basement level contains a residential apartment with two bedrooms, kitchen, combined living and dining area, four-piece bathroom, utility room, and two points of entry and exit. The property includes one rear parking space. Broker materials reference breaker electrical service, furnaces, air conditioning units, flat roof construction, and rental hot water tanks.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
The main floor is configured for commercial use and is currently improved with features that support personal service or retail-oriented operations, including a large storefront window, front customer entrance, kitchenette, two-piece washroom, interior basement access, and rear access to the laneway. A private parking space is located at the rear of the building. The commercial plaza includes a variety of neighboring businesses, contributing to an active commercial setting and consistent customer activity.
The second floor contains a residential apartment featuring laminate flooring, an updated kitchen with tiled flooring, combined living and dining areas, a balcony, two bedrooms, and a four-piece bathroom. A rear fire escape provides an additional means of egress. The basement level is also configured as a residential apartment with two bedrooms, a full kitchen, a four-piece bathroom, laminate flooring throughout, combined living and dining areas, and two points of entry and exit.
Additional property improvements referenced in the broker materials include updated electrical service with breakers, owned furnaces, rental hot water tanks, air conditioning units, and a flat roof. The property's mixed-use configuration, existing residential components, and established commercial setting offer flexibility for a range of ownership and occupancy strategies.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1533 | 1,948 SF | Retail | $1,270,000 CAD ($651.95 CAD/SF) | - |
Unit 1533
| Unit Size |
| 1,948 SF |
| Condo Use |
| Retail |
| Price |
| $1,270,000 CAD ($651.95 CAD/SF) |
| NOI |
| - |
Unit 1533
| Unit Size | 1,948 SF |
| Condo Use | Retail |
| Price | $1,270,000 CAD ($651.95 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Anita's Hair Salon</li></ul> | |
| Sale Notes | |
| 1533 O'Connor Drive presents an opportunity to acquire a mixed-use commercial and residential building within an established commercial plaza in Toronto's O'Connor corridor. The property combines a street-level commercial component with residential accommodations above and below, creating multiple occupancy and income-generation possibilities for investors, owner-users, or purchasers seeking a live/work environment.<br> <br> The main floor is configured for commercial use and is currently improved with features that support personal service or retail-oriented operations, including a large storefront window, front customer entrance, kitchenette, two-piece washroom, interior basement access, and rear access to the laneway. A private parking space is located at the rear of the building. The commercial plaza includes a variety of neighboring businesses, contributing to an active commercial setting and consistent customer activity.<br> <br> The second floor contains a residential apartment featuring laminate flooring, an updated kitchen with tiled flooring, combined living and dining areas, a balcony, two bedrooms, and a four-piece bathroom. A rear fire escape provides an additional means of egress. The basement level is also configured as a residential apartment with two bedrooms, a full kitchen, a four-piece bathroom, laminate flooring throughout, combined living and dining areas, and two points of entry and exit.<br> <br> Additional property improvements referenced in the broker materials include updated electrical service with breakers, owned furnaces, rental hot water tanks, air conditioning units, and a flat roof. The property's mixed-use configuration, existing residential components, and established commercial setting offer flexibility for a range of ownership and occupancy strategies.</li></ul> |
Property Facts
| Total Building Size | 21,643 SF | Typical Floor Size | 974 SF |
| Property Type | Retail (Condo) | Year Built | 1965 |
| Property Subtype | Parking Ratio | 2.05/1,000 SF | |
| Floors | 2 | ||
| Zoning | CR - Commercial Residential | ||
| Total Building Size | 21,643 SF |
| Property Type | Retail (Condo) |
| Property Subtype | |
| Floors | 2 |
| Typical Floor Size | 974 SF |
| Year Built | 1965 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | CR - Commercial Residential |
Amenities
- Bus Line
Nearby Major Retailers
Presented by
1527-1549 O'connor Dr
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