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1880 O’Connor Drive

Mixed-Use Office Building For Sale
1
Location Eglinton Avenue and Victoria Park
Type Office
Use Mixed-Use
Building Area 18,461 SF
Site Area 158.2 x 104
Sale Price $8,888,000.00

Notes

This six storey mixed-use office building was constructed in 1960 and significantly renovated in 2019. It offers 2,390 square foot office floor plates (12′ ceilings) and 38 parking stalls, with the ground level having been used as a pharmacy and the first floor as a restaurant in the recent past. This presents a strong end user opportunity with significant longer term hold potential with 4 to 5 floors of office space plus the ground floor retail space.

The property is accessible via road cuts both onto O’Connor Drive and Bartley Drive. The total building area is 18,461 square feet on a 16,458 square foot lot (0.38 acres). Ideally situated on the western edge of the Golden Mile Secondary Plan area (link), 1880 O’Connor Drive is gateway to the Golden Mile. The Golden Mile Secondary Plan is a City of Toronto Official Plan Amendment that sets a vision and planning framework for a major redevelopment of the Golden Mile area. 1880 O’Connor Drive also greatly benefits from the O’Connor Drive Reconfiguration Plan which may provide a valuable future investment opportunity. This property is situated in the ‘key intersection’ of the O’Connor Drive Avenue Area Study.

 

Office Area: 12,178 SF Divisible

Retail Area: 6,089 SF Divisible

Download Info
  • Steven Phillips
  • Sales Representative
  • 416.703.6621 x233
  • Kevin Tuttle
  • Broker
  • 416.703.6621 x227

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