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Back to search Home Countries Unknown Toronto (O'Connor-Parkview) 1161 O'CONNOR DRIVE|Toronto (O'Connor-Parkview), Ontario M4B2T5
CAD5,000,000
1161 O'CONNOR DRIVE|Toronto (O'Connor-Parkview), Ontario M4B2T5
1161 O'CONNOR DRIVE|Toronto (O'Connor-Parkview), Ontario M4B2T5
Multi-family

About this home

MLS Number: E12181045

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

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. (40564495)

Agent Information: • Agents: Erin Holowach • Contact: 877-888-3131 • Brokerage: COMFREE • Website: http://comfree.com/

Time on Realtor: N/A

Property facts

Property type
Multi-family
Days on market
340 days

Features & amenities

Features & finishes
renovated in 2020; multi-family; 12-unit building; updated interiors; common space; newer windows and roof ~10 years old; exterior foundation sealed; CMHC mortgage; individual units: 2-bedroom + den and 1-bedroom; coin-operated? washers/dryers owned

Location

Approximate location · exact address shared on inquiry

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Contact agent
EH
Erin Holowach
COMFREE
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