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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
  • Unit 1533
  • 1,948 SF
  • Retail
  • $1,270,000 CAD ($651.95 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Anita's Hair Salon
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.

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&#39;s Hair Salon</li></ul>
Sale Notes
1533 O&#39;Connor Drive presents an opportunity to acquire a mixed-use commercial and residential building within an established commercial plaza in Toronto&#39;s O&#39;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&#39;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

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 21,643 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • General Retail Storefront
Floors 2
Typical Floor Size 974 SF
Year Built 1965
Parking Ratio 2.05/1,000 SF
Zoning CR - Commercial Residential

Amenities

  • Bus Line
Moderately walkable
70/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Tim Hortons
StorageMart
No Frills
Metro
Swiss Chalet
East Side Mario's
RBC Royal Bank
chaiiwala
Fit4Less
Starbucks
  • Listing ID: 40217167

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 1527-1549 O'connor Dr, Toronto, ON M4B 2V7

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