Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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1880 O'connor Drive
Victoria Village Toronto M4A 1W9

$10,888,000 /For Sale
Commercial

Main Photo: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
Photo 1: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
Photo 2: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
Photo 3: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12471330
This six storey mixed-use office building was constructed in 1960 and significantly renovated in 2019. It offers 2,390 square foot office floor plates (12' ceilings) and 38 parking stalls, with the ground level having been used as a pharmacy and the first floor as a restaurant in the recent past. This presents a strong end user opportunity with significant longer term hold potential with 4 to 5 floors of office space plus the ground floor retail space. The property is accessible via road cuts both onto O'Connor Drive and Bartley Drive. The total building area is 18,461 square feet on a 16,458 square foot lot (0.38 acres). Ideally situated on the western edge of the Golden Mile Secondary Plan area (link), 1880 O'Connor Drive is gateway to the Golden Mile. The Golden Mile Secondary Plan is a City of Toronto Official Plan Amendment that sets a vision and planning framework for a major redevelopment of the Golden Mile area. 1880 O'Connor Drive also greatly benefits from the O'Connor Drive Reconfiguration Plan which may provide a valuable future investment opportunity. This property is situated in the 'key intersection' of the O'Connor Drive Avenue Area Study
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
18461 sq. ft. Sq Ft Divisible
Total Area:
18,461 sq. ft.
Retail Area:
6089 sq. ft. Sq Ft Divisible
Office/Apt Area:
12178 sq. ft. Sq Ft Divisible
Lot Depth:
104'
Lot Frontage:
158'2"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
Mixed-Use
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
38
Lot Irregularities:
190.07ft. x 157.88ft x 88.32ft x 120.6ft
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$82,008 / 2025
Assessment:
$- / 2025
Toronto
Toronto C13
Victoria Village
No
Public
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Office
Date Listed:
Oct 20, 2025
Original Price:
Previous Price:
  • Photo 1: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
    Photo 1 of 3
  • Photo 2: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
    Photo 2 of 3
  • Photo 3: 1880 O'connor Drive in Toronto: Victoria Village Commercial for sale (Toronto C13)  : MLS®# C12471330
    Photo 3 of 3
Listed by CB METROPOLITAN COMMERCIAL LTD.
Data was last updated October 21, 2025 at 02:15 PM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

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Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.