Learn more about this property online at:
https://www.collierscanada.com/p-can2011063
https://www.collierscanada.com/p-can2011063
- For Sale
Colliers International (“Colliers” or “The Advisor”) has been retained to arrange the sale of 1450-1500 O’Connor Drive (the “Property”), a retail and medical office plaza totaling 77,676 SF of gross floor area anchored by Tim Hortons.
The Property is situated on 3.63 acres of land on the west side of O’Connor Drive with 315.4 feet of frontage. The site benefits from 216 ground level parking stalls and unparalleled transit access to both the Don Valley Parkway and 1.3 km from the upcoming O’Connor Station serviced by the Eglinton Crosstown Light Rail Transit (LRT). The Property is currently 83% leased with a Weighted-Average-Lease-Term (WALT) of 1.4 years and 41% potential upside on in-place rents to market rent. The Property presents a unique investment opportunity to acquire a mixed-use asset with significant leasing upside and favourable planning rationale for long-term densification in the desirable neighbourhood of Bermondsey.
For dataroom access, please execute the
Confidentiality Agreement
The Property is situated on 3.63 acres of land on the west side of O’Connor Drive with 315.4 feet of frontage. The site benefits from 216 ground level parking stalls and unparalleled transit access to both the Don Valley Parkway and 1.3 km from the upcoming O’Connor Station serviced by the Eglinton Crosstown Light Rail Transit (LRT). The Property is currently 83% leased with a Weighted-Average-Lease-Term (WALT) of 1.4 years and 41% potential upside on in-place rents to market rent. The Property presents a unique investment opportunity to acquire a mixed-use asset with significant leasing upside and favourable planning rationale for long-term densification in the desirable neighbourhood of Bermondsey.
For dataroom access, please execute the
Confidentiality Agreement
