2025-85 George Appleton Way, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13763320

$499,999
For Sale
Listed 40 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to 85 George Appleton Way, Unit 2025 - a bright and beautifully appointed 2-bedroom,1-bathroom condo townhouse offering the perfect blend of comfort...
  • This spacious main-floor unit features a functional open-concept layout with a bright living and dining area, well-appointed kitchen and two generously sized bedrooms.
  • Easy access to Highway 401, Allen Road and major transit routes makes commuting throughout Toronto a breeze.

Welcome to 85 George Appleton Way, Unit 2025 - a bright and beautifully appointed 2-bedroom,1-bathroom condo townhouse offering the perfect blend of comfort, convenience and modern living in the heart of Keele & Wilson.This spacious main-floor unit features a functional open-concept layout with a bright living and dining area, well-appointed kitchen and two generously sized bedrooms. Enjoy the convenience of brand-new appliances, offering a fresh and modern feel throughout the home. Ideally located close to major highways, TTC, Yorkdale Shopping Centre, Downsview Park, York University, schools, parks, restaurants and everyday amenities. Easy access to Highway 401, Allen Road and major transit routes makes commuting throughout Toronto a breeze. Whether you're a first-time buyer, downsizer or investor, this well-located condo townhouse isan excellent opportunity in a highly convenient North York location. Move-in ready and waiting for you to call it home!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13763320
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Keele St. and Wilson Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$529/mo
Exposure
West
Property tax
$2,517 / 2026
Days on market
40
Listing brokerage
RE/MAX EXPERTS

Rooms

Dining RoomMain5.24 × 3.48 m

open concept · combined w/living · hardwood floor

Living RoomMain5.24 × 3.48 m

w/o to balcony · combined w/dining · hardwood floor

Primary BedroomMain3.48 × 3.21 m

4 pc ensuite · w/o to balcony · hardwood floor

Bedroom 2Main3.85 × 2.70 m

w/o to balcony · closet · hardwood floor

KitchenMain3.48 × 2.53 m

quartz counter · stainless steel appl · tile floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$485Klikely sale price

Listed at $499,999. Going by how homes in Downsview-Roding-CFB and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $485K, if it sells. A realistic range is $457K to $525K.

Independent value check: $464K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $431K and $487K).

Why $464K. The typical townhouse sold in Downsview-Roding-CFB over the past year went for about $563K (38 sales). What sets this one apart:

  • ▼ Lowers it2 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,517 a year; the typical home sold here pays about $2,800.
  • ▼ Lowers it slightlyIt is 700 to 799 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$457KBelow recent closings$525KAbove recent closings

Total price vs nearby homes. Likely closing about $485K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$540Kmedian sold price
95%of asking, on average
−18%prices vs a year ago
~45 dayshomes like this take to sell
40days on market so far
$2,215/moest. rent · 69 leases
5.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 6 condo townhouse homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $667/sqft against an area asking average of $637/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $504K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($667/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 comparable homes that sold in Downsview-Roding-CFB over the past two years, from 72 closings there.

What sellers nearby are askingCurrently listed nearby in Downsview-Roding-CFB · asking prices
$492kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $629/sqft; this home lists at $667/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
500kThis home490k465k520kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

Downsview-Roding-CFB, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Casa Loma
$2.80M
St. Andrew-Windfields
$929K
Islington-City Centre West
$588K
Niagara
$902K
Mimico
$840K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Madonna Catholic Secondary School · Catholic secondary0.4 km · 60% at standard
St Raphael Catholic School · Catholic elementary0.9 km · 76% at standard
St Fidelis Catholic School · Catholic elementary1.0 km · 66% at standard
St Conrad Catholic School · Catholic elementary1.2 km · 72% at standard
Blaydon Public School · Public elementary1.3 km · 38% at standard
Ancaster Public School · Public elementary1.3 km · 47% at standard
Maple Leaf Public School · Public elementary1.5 km · 42% at standard
Highview Public School · Public elementary1.5 km · 51% at standard
St Francis Xavier Catholic School · Catholic elementary1.6 km · 64% at standard
Yorkdale Secondary School · Public secondary1.7 km
Tumpane Public School · Public elementary1.8 km · 55% at standard
Joyce Public School · Public elementary2.0 km · 64% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,279/mo
$107KIncome needed
4.7×Price ÷ income
$526Weekly cost
$12,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $2,279Property tax $210Condo fee $529Total carry $3,018

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,212per month

Mortgage amount $399,999 · 4.49% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$2,950Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$210
Condo / maintenance fees
$529
Heating
$0
Estimated monthly cost
$2,950

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,677/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$263,500Total interest paid
$663,499Total of all payments
Principal $399,999 Interest $263,500
YearPrincipalInterestBalance
1$8,926$17,614$391,073
2$9,332$17,208$381,741
3$9,755$16,785$371,986
4$10,198$16,342$361,788
5$10,661$15,879$351,127
6$11,145$15,395$339,981
7$11,651$14,889$328,330
8$12,180$14,360$316,150
9$12,733$13,807$303,416
10$13,312$13,228$290,105
11$13,916$12,624$276,189
12$14,548$11,992$261,641
13$15,208$11,332$246,433
14$15,899$10,641$230,534
15$16,621$9,919$213,913
16$17,375$9,165$196,538
17$18,164$8,376$178,374
18$18,989$7,551$159,385
19$19,851$6,689$139,534
20$20,752$5,788$118,781
21$21,695$4,845$97,087
22$22,680$3,860$74,407
23$23,709$2,830$50,697
24$24,786$1,754$25,911
25$25,911$629$0

At the end of your 5-year term

Total paid over the term
$132,700
Principal paid down
$48,873
Interest paid
$83,827
Balance remaining
$351,127

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 69 whole-home leases in Downsview-Roding-CFB$2,215/mo
$26,580Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,068 to $2,347Typical rent range
~27 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 69 whole-home leases in Downsview-Roding-CFB signed at a median of $2,419 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,215. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.3%
Gross yield
− Property tax $2,517− Condo fees $6,354− Insurance $600− Vacancy & upkeep $2,924Net operating income $14,186

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

CallRequest a showing