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378 O'Connor Drive, Toronto, ON 28 photos

$825,000

Active
378 O'Connor Drive, Toronto, ON· East York
2+1
Bedrooms
2
Bathrooms
700-1100
Sq Ft
5
Detached Parking

About this Property

This distinguished detached bungalow offers exceptional income potential, outstanding structural integrity, and significant redevelopment opportunities. Thoughtfully designed and well constructed, this 2+1 bedroom residence presents an ideal opportunity for buyers seeking both immediate returns and substantial long term upside.The main level welcomes you with a bright, open concept living and dining area graced by rich hardwood floors, recessed pot lighting, and a handsome fireplace. The generous kitchen features stainless steel appliances and ample space for culinary pursuits. Two spacious bedrooms on the main floor provide exceptional convenience for families or those preferring single level living.The lower level is particularly impressive, a fully finished, self contained in law suite with its own private side entrance, complete with a full kitchen, living area, and additional bedroom. This thoughtfully configured layout offers seamless income potential, whether you choose to reside upstairs while leasing the lower unit or rent the entire property for strong, reliable cash flow. The expansive private backyard provides a tranquil setting for outdoor entertaining or future expansion, complemented by a rare three car private driveway and detached garage. Notable redevelopment potential: Set on a generous lot with solid foundations, the property lends itself beautifully to thoughtful enhancements, including a rear extension, the addition of a second storey, or a complete teardown to create a new custom residence. It also falls within the well regarded Diefenbaker Public School catchment, further enhancing its desirability and demand. This is a rare opportunity to acquire a turnkey income generating property with excellent bones, superior in law configuration, and meaningful upside for renovation or redevelopment. An elegant foundation ready for your personal vision.

Listed by RE/MAX HALLMARK SHAHEEN & COMPANY · MLS# E13079944

Features & Details

Property details of 378 O'Connor Drive, Toronto, ON

Property TypeDetached
StyleBungalow
Size700-1100 sq ft
BasementSeparate Entrance, Finished
Total Parking5

Mortgage Calculator

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Mortgage Payment$4,053/monthly
Principal54%
Interest46%
Principal Amount$660,000
Interest$555,893
Total Payable$1,215,893
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,053
Mortgage + Expenses$4,053
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$
$
$
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Monthly Cash Flow-$4,053

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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