1527 O'connor Drive

Toronto E03, ON

4 bath
2,000 sqft
Store W Apt/Office
140 days on market

$1,399,000Price reduced 4%

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. 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.

Listing Details

Taxes (2025): $7,844
Originally Listed: $1,460,000
Listed: April 18, 2026

Price History

Listing history

Property

Age: 31-50
Lot Size: 17.5 x 125 Feet

Parking

Garage: None

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: O'Connor & Bermondsey
Zoning: CR2.5(c2.5;r1)*1163)
Parcel Number: 103740358
Possession: 30-59 days
Occupancy: Partial

Commercial

Office / Apartment Area: 1000 Sq Ft

Included

Exclusions: Baking oven and dishwasher (currently affixed) are excluded. All chattels are available for purchase at an additional price.

Property Insights

move in ready

AI-generated from listing photos. Not professional advice.

Community

Postal area M4B

Population: 18,612
Private dwellings: 8,038
Median age: 43.2
Average household size: 2.4
Median household income: $78,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E03 · last 12 months

Median sold price: $1,100,000
Homes sold: 729
Median days on market: 13
Sale-to-list price: 103.1%

Based on 729 recorded sales of commercial properties in Toronto E03 over the last 12 months.

Listed by

ROYAL LEPAGE ESTATE REALTY

Walk Score

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Location

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Commercial figures

Building area: 2,000 sq ft
Price per sq ft: $699.50
Annual property tax: $7,844
Tax per sq ft: $3.92

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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