15
  • E12181045
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 0.15 Sqft
  • Area Size

1161 O’connor Drive, Toronto E03, ON M4B 2T5

  • $5,000,000

Description

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.

Details

MLS® Number E12181045
Property Size 0.15 Sqft
Updated on September 23, 2025 at 2:56 am

Additional details

  • Utilities: Available
  • Sewer: Storm
  • Cooling: Yes
  • County: Toronto
  • Property Type: Commercial Sale

Address

  • Address: 1161 O'connor Drive
  • City: Toronto
  • State/county: ON
  • Zip/Postal Code: M4B 2T5
  • Country: CA

Contact Information

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