1127 O'connor Dr

FOR SALE
$3,650,000
Suspended
$0
1127 O'connor Dr, Scarborough
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
1127 O'connor Dr
9 + 2
BEDROOMS
11
BATHROOMS
9 + 2
KITCHENS
49
ROOMS
E5577744
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-14 2022-06-13 60 $3,650,000 - Suspended
Property Description
**Rare Investment Opportunity** 11 Unit Detached Apartment Building In The Heart Of East York. Easy Access To Ttc, Restaurants, Beautiful Parks. Property Includes: 4X2Bedrooms, 7X1Bedroom. Fully Tenanted No Vacancy, Many Upgrades, Solid Income, Lots Of Potential In The Area For Future Development
Extras
11 Legal Units. 11 Fridges,11 Stoves, 11 Bathrms, 15 Bedrms. Rough-In Sep Hydro Meters For All Units 7 Parking Spots, Coin Laundry (2 Washers/2 Dryers), Exclude: Any Items Belonging To Tenants.
Nearby Intersections
Property Details
Property Type
Multiplex, 3-Storey
Lot Size
65' x 125'
Acreage
< .50
Fronting
West
Taxes
$16,992 (2021)
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Attached
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FOR SALE
Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture.
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