1527 O'connor Drive, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of O'Connor-Parkview. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 17.5 x 125 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
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 12-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 (12 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. The commercial kitchen is to operate at $6000 per month NET, plus Additional Rent (TMI). 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 ensure you only pay for your own utilities. 2 1/2 storey south facing brick wall would make for a wonderful mural. Any destination business tenant will be recognizable for miles around.
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Pricing & Value Insights
Data-driven valuation for 1527 O'connor Drive, Toronto E03, ON M4B 2V7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $6,000 in Toronto, the legal minimum down payment is $300 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30 also applies, bringing the total estimated land transfer taxes to $60.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
