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$ 1,460,000
Est. payment /mo
New
1527 O'connor DR Toronto E03, ON M4B 2V7
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto E03
Subdivision O'Connor-Parkview
MLS Listing ID E13019496
Annual Tax Amount $7,844
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
8 parking spaces, 600V 3-phase electrical, improved water intake, corner exposure and a well designed commercial kitchen make this building a caterers dream. Imagine the ease of delivery from this well located kitchen, right between the suburbs and downtown, with instant access to the DVP. Your large 10-foot commercial hood clears the air from your busy burners, cooking the food prepared at any one of your 5 prep areas and kept fresh in your 200 square foot walk-in freezer and fridges. Suitable for caterers, ghost kitchens or commissary kitchens, this location comes equipped with an operating hood (10 feet wide), gas connections for burners or fryers of any kind, sinks and sink rough-ins throughout the property, five prep areas, a 100 square foot walk-in freezer and a 100-square foot walk-in fridge (both working well), ample storage, washrooms and office space. The high ceilings on both the main and lower levels make the space appealing, bright and easily ventilated for busy shifts and productive employees. Investors can enjoy the rent from the commercial space (estimated at $6000 per month NET) plus the residential apartment above ($1890 per month plus hydro). The corner property is well exposed to drive-by traffic so that any business will be recognized and easily found by buying customers. Ample electrical supply (600v 3-phase 4-wire 100 amp) and water supply (3/4 inch supply from city) make the juice worth the squeeze. Separate gas and hydro meters make for easy split of residential and commercial bills. 2 1/2 storey south facing brick wall would make for a wonderful mural. Any destination business tenant will be recognizable for miles around.
Location
Province ON
County Toronto
Community Toronto E03
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 17.5
Lot Depth 125.0
Building
Building Age 31-50
Others
Security Features Partial
ParcelsYN No
Listed by ROYAL LEPAGE ESTATE REALTY