Call us direct

613-963-0029

2020

  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)
  • 1161 O'CONNOR DRIVE Toronto (O'Connor-Parkview)

$5,000,000

ID# E12181045

1161 O'CONNOR DRIVE
Toronto (O'Connor-Parkview), Ontario M4B2T5

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. (id:25961)
Courtesy of COMFREE

Listed on: May 29, 2025

On market: 8 days
Cooling Type Fully air conditioned
Heating Type Radiant heat
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate

Call us direct

613-963-0029

With every transaction, Team One Homes donates a % directly to the Royal LePage Shelter Foundation.

Dennis Tarrant

Broker

613-875-9714 

Email Dennis

Frank Fragomeni

Broker

613-220-3434

Email Frank

Tara Allen

REALTOR®

613-296-0569

Email Tara

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by WEBKITS