- Bedrooms
- 2
- Bathrooms
- 6
- Size
- 2,000–2,500sq ft
- Per sq ft
- $531at the range’s middle
- Lot
- 20.51 x 123.25 ft
- Tax a year
- $8,3652025 tax year
- Built
- 51-99
- Parking
- 4none
- Days on market
- Members
The brief
About 848-850 Wilson Ave
848-850 Wilson Ave is a 2-bedroom, 6-bathroom home in Downsview-Roding-CFB, Toronto, listed for sale at an asking price of $1,195,000 (MLS® W13627440).
Attention All Investors, Great Opportunity To Buy Income Producing Property. Fully Leased, Commercial Space Is Leased Till December 31st, 2031, Leased by thriving Restaurant Business. Second-floor newer renovation. Must purchase with 852-854 Wilson Avenue. Do not disturb tenants
Insights
Condition Score
Good67/1005 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$3,649/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 26 homes with 2 bedrooms for lease in Downsview-Roding-CFB right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,365 / 2025
- MLS® number
- W13627440
- Board
- TRREB MLS®
- Property Type
- Store W/Apt/Office
- Building Age
- 51-99
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 20.51 x 123.25 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Store W/Apt/Office
- Style
- 2-Storey
- Community
- Downsview-Roding-CFB
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 6
- Bathroom Details
- 1 × 3pc, 2 × 2pc, 3 × 2pc
- Basement Type
- Finished
- Kitchens
- 2
Parking
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Frontage
- 20.51 ft
- Depth
- 123.25 ft
- Lot Size
- 20.51 x 123.25 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 848-850 Wilson Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,195,000 | N/A | For Sale | W13627440 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $239,000
- Total mortgage amount
- $956,000
- Total interest payment
- $679,600
- Total purchase cost
- $1,874,600
- Mortgage payment
- $5,452/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
74%Monthly carrying cost
$6,149- Rent $2,500
- Shortfall $3,649
Rental income opens at $2,500, the median asking rent of 26 comparable homes for lease in Downsview-Roding-CFB. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $20,375
- Toronto municipal land transfer tax
- $20,375
- Total land transfer tax
- $40,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $32,275
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,195,000
- $15,900
- Ontario total
- $20,375
Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,375.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,528 sq ft235 m²
- Street frontage
- 20.51 ft6.3 m
- Depth
- 123.25 ft37.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 27 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 380 m380 m
- Mapped parcel: about 2,460 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 480 m480 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Smith and Long Limited, 720 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of North York By-Law No. 7625What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
7 building permits cleared at this address in the City’s file.
Interior AlterationsInspection
The scope of work is limited to interior alterations to the existing restaurant located in Unit #850, which is proposed to be expanded into Unit #854. The restaurant is designed to accommodate no more than 30 persons consuming food or drink.
Issued September 23, 2025
Interior AlterationsCancelled
Proposal for interior alterations to expand unit 850 to unit 854 for a "Restaurant" greater than 30 seats.
Completed July 30, 2025
Interior AlterationsInspection
Interior alterations to existing takeout restaurant - no seating
Issued April 28, 2023
Building Permit Related(MS)Inspection
HVAC - Interior alterations to existing takeout restaurant - no seating
Issued April 27, 2023
Building Permit Related(PS)Closed
Plumbing - Interior alterations to existing takeout restaurant - no seating
Issued April 27, 2023
Building Permit Related(MS)Revocation Pending
HVAC - Proposal for interior alterations and convert the existing restaurant in to a new retail medical cannabis store.
Issued January 9, 2023
Interior AlterationsRevocation Pending
Proposal for interior alterations and convert the existing restaurant in to a new retail medical cannabis store.
Issued January 9, 2023
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 3 open development applications within 800 m of this home.
123 GARRATT BLVDOfficial plan or zoning amendmentUnder Review
Removal of the holding symbol "(H)" applied by Zoning By-law 707-2024. The proposed development consists of a temporary sports facility comprising of an open sports field, two air-supported indoor sports domes, a tent for indoor sports, and an open sports court. The facility will be serviced by temporary washroom trailers. No connection to City sanitary infrastructure is proposed for the washroom trailers. The Recreation Use designation was confirmed in a Zoning Review dated May 21, 2026 (Application No. 26124325 TPS 00 TS).
460 m away123 GARRATT BLVDOfficial plan or zoning amendmentOMB Appeal
The City of Toronto adopted Official Plan Amendment 716 (Downsview Secondary Plan) on June 27, 2024. A statutory public meeting was held at the Planning and Housing Committee on May 9, 2024. The Downsview Secondary Plan is in force and effect as of August 9, 2024, except for those lands south of Wilson Avenue which are subject to appeals to the Ontario Land Tribunal (OLT-24-000829).Please see item 2024.PH12.1 at https://secure.toronto.ca/council/agenda-item.do?item=2024.PH12.1 and the Update Downsview study website at www.toronto.ca/updatedownsview.
460 m away130-150 BRIDGELAND AVESite planUnder Review
Site Plan Control application for two 2-storey automotive dealership buildings and a 4-storey above-grade parking structure. The proposed development comprises a total non-residential gross floor area of 7,585 square metres, which results in a total Floor Space Index (FSI) of 0.49. The proposal includes a total of 365 publicly accessible parking spaces which are located at-grade.
650 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Homes for sale in Downsview-Roding-CFB right now
- For sale now
- 25
- Median asking price
- $999K
- New in 7 days
- 1
- Price cuts
- 16%
Middle half: $429K to $1.2M
5 in 28 days
4 listings
This home is asking 20% above the median.
See all homes in Downsview-Roding-CFBAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Wilson Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Yorkdale Station | TTC subway: Line 1 Yonge-University | 1.8 km |
| Sheppard West Station | TTC subway: Line 1 Yonge-University | 2.2 km |
| Downsview Park Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie | 2.7 km |
| Fairbank Station | TTC light rail: Line 5 Eglinton | 4.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ancaster Public SchoolToronto DSB | Public · grades JK–5 | 250 m | 47%Grade 3 average |
| St Norbert Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 500 m | 78%Grade 6 average |
| Downsview Public SchoolToronto DSB | Public · grades JK–5 | 1.2 km | 70%Grade 3 average |
| École élémentaire Mathieu-da-CostaConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Madonna Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 850 m | 39%Grade 9 math |
| Downsview Secondary SchoolToronto DSB | Public · grades 9–12 | 900 m | 26%Grade 9 math |
| Yorkdale Secondary SchoolToronto DSB | Public · grades 9–12 | 1.4 km | — |
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.1 km | 63%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Downsview-Roding-CFB are shown to signed-in members.