1533 O'Connor Drive presents an opportunity to acquire a mixed-use commercial and residential building within an established commercial plaza in Toronto's O'Connor corridor. The property combines a street-level commercial component with residential accommodations above and below, creating multiple occupancy and income-generation possibilities for investors, owner-users, or purchasers seeking a live/work environment.
The main floor is configured for commercial use and is currently improved with features that support personal service or retail-oriented operations, including a large storefront window, front customer entrance, kitchenette, two-piece washroom, interior basement access, and rear access to the laneway. A private parking space is located at the rear of the building. The commercial plaza includes a variety of neighboring businesses, contributing to an active commercial setting and consistent customer activity.
The second floor contains a residential apartment featuring laminate flooring, an updated kitchen with tiled flooring, combined living and dining areas, a balcony, two bedrooms, and a four-piece bathroom. A rear fire escape provides an additional means of egress. The basement level is also configured as a residential apartment with two bedrooms, a full kitchen, a four-piece bathroom, laminate flooring throughout, combined living and dining areas, and two points of entry and exit.
Additional property improvements referenced in the broker materials include updated electrical service with breakers, owned furnaces, rental hot water tanks, air conditioning units, and a flat roof. The property's mixed-use configuration, existing residential components, and established commercial setting offer flexibility for a range of ownership and occupancy strategies.