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865 O Connor Drive, Toronto, ON M4B 2S7

Store W Apt/Office
$1,375,000

Excellent investment or owner-user opportunity on O'Connor Drive. Mixed-use property featuring ground-floor commercial space and two residential apartments, consisting of one 1-bedroom unit and one 2-bedroom unit. High-exposure location with public transit nearby and municipal parking in the area. Power of Sale property being sold "As Is, Where Is" without representation or warranty by the Seller. Purchasers are advised to satisfy themselves regarding zoning, permitted uses, condition, taxes, rental equipment, parking, fees and other matters relating to the property.

MLS number
E13674282
Type
Store W Apt/Office
Status
Active
Bedrooms
Bathrooms
Postal code
M4B 2S7
Photos
9
Property tax
$9,978 / year
31days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Abacus Montessori & Private SchoolElementary137 mNot reported
Presteign Heights Elementary School
Toronto DSB
Elementary496 m9.1 / 10
91% met the standard · 3 of 6 measures
Parkside Elementary School
Toronto DSB
Elementary938 m7.5 / 10
75% met the standard · 3 of 6 measures
D A Morrison Middle School
Toronto DSB
Elementary1.3 km7.9 / 10
79% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,011 people.

$59,600Median household income
40.2%Own their home
25.7%Detached houses
41.6Median age
37.2%Born outside Canada
26.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35200536 — the few blocks around this address, home to 1,011 people. It describes the area, not this property.

1,011Population
41.8Average age
2Household size
$80,400Average household income
$59,600Median household income
40%Own their home
60%Rent
19%Condominiums
37%Born outside Canada
27%University degree
$850,000Average home value
16%Low income
61%Not in the labour force
39%Never married
Under $5,0002%
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,9995%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9999%
$60,000 to $69,9997%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over22%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9995%
$200,000 and over5%

Percentages are of the 645 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$275,000 · minimum here is $112,500
$6,088.20per month
Borrowed before insurance$1,100,000
Total borrowed$1,100,000
Interest over 25 years at 4.5%$726,461

If you rented it out

-$6,919.70per month out of pocket
Rent$0.00
Everything it costs to hold$6,919.70
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 2 still in progress.

797 O'CONNOR DR433 m
Under Review · applied June 3, 2025

Combined Official Plan Amendment and Zoning By-law Amendment applications to permit a 16-storey mixed-use building with a height of 55.5 metres (60.5 metres with the mechnical penthouse).…

City planning file →
968 O'CONNOR DR82 m
Under Review · applied May 20, 2020

INACTIVE The proposal contemplates the development of the subject site, which is currently vacant, with a 10-storey (31.05 metres, excluding mechanical penthouse) residential mixed-use building consisting of a 5-storey streetwall along O'Connor Drive and Curit…

City planning file →
968 O'CONNOR DR82 m
Closed · applied December 21, 2018

Zoning by-law amendment to permit a 10-storey (32.45 metres, excluding mechanical penthouse) residential mixed-use building with 126 units and retail at grade.…

City planning file →
1200 O'CONNOR DR465 m
Closed · applied June 23, 2017

Site Plan Control Amendment to existing SPA 15-269445 STE 31 SA

City planning file →
1165 O'CONNOR DR471 m
Closed · applied March 22, 2017

To construct a four-storey residential stacked back-to-back townhouse development with 20 residential units and one level of underground parking with 20 parking spaces. A total of 2,311 residential gross floor are is proposed.

City planning file →
5 BERMONDSEY RD434 m
Closed · applied December 24, 2015

Proposed two storey addition will increase the manufacturing and exporting functions. The addition will be 11,646 m2 and will increase the plant to a gross floor area of 32,584 m2.

City planning file →
43 DORIS DR436 m
Closed · applied September 8, 2010

Proposal to demolish the existing 1-storey single-family dwelling and construct a new 2-storey dwelling on lands regulated by the Toronto and Region Conservation Authority (TRCA) and Ravine and Natural Feature Protection (RNFP).

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by HOMELIFE LANDMARK REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.