2048-75 George Appleton Way, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13800986

$529,900
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
1Bathrooms
3Garage · 2 parking
700-799Sq ft

About this home

In short

  • This one packs a punch for only $529,900, offering so much more at this exceptional price.
  • Almost 800 sqft of living space PLUS TWO PREMIUM PARKING SPACES & LOCKER.
  • Check out this rarely available middle unit at 75 George Appleton Way.
  • Get the best of both worlds -- step out to enjoy the balcony off the living room or the quiet, private backyard oasis on the large full length rear terrace.
  • Perfectly situated in a high-demand neighborhood close to Humber River Regional Hospital, Hwy 401, Yorkdale Mall, multiple public transit options, schools, and...

This one packs a punch for only $529,900, offering so much more at this exceptional price! Almost 800 sqft of living space PLUS TWO PREMIUM PARKING SPACES & LOCKER. Check out this rarely available middle unit at 75 George Appleton Way! Beautifully updated and ready to move in, your search really does stop here. This spacious two-bedroom, middle-level townhouse offers the ease of bright, bungalow-style living on one floor with a versatile layout designed to maximize every square inch of space with lots of windows for natural light. The upgraded interior features brand-new laminate flooring, upgraded bathroom, California shutters, updated light fixtures and fresh paint throughout, complemented by premium stone countertops, stainless steel appliances, and a stylish porcelain floor & ceramic backsplash in the kitchen. Get the best of both worlds -- step out to enjoy the balcony off the living room or the quiet, private backyard oasis on the large full length rear terrace. A truly rare find for urban living, this home is a fantastic opportunity for first-time buyers, investors and downsizers alike to step into comfort and style. Fresh & ready for you to turn the key and just move in. Adding incredible value, you get a LOCKER, TWO PREMIUM PARKING SPACES (can accommodate THREE CARS or an oversize truck) included in the purchase price. Perfectly situated in a high-demand neighborhood close to Humber River Regional Hospital, Hwy 401, Yorkdale Mall, multiple public transit options, schools, and shopping, this property offers a smart, spacious design in an absolutely unbeatable location.

Key facts

Property type
Condo Townhouse, Bungalow
MLS®
W13800986
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Keele & Wilson (hwy 401)
Parking
3 garage · 2 parking (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Maintenance
$636/mo
Exposure
East
Property tax
$2,586 / 2026
Days on market
32
Listing brokerage
ROYAL LEPAGE CITIZEN REALTY

Rooms

KitchenMain2.65 × 2.50 m

ceramic floor · quartz counter · stainless steel appl

Primary BedroomMain3.62 × 3.16 m

semi ensuite · walk-in closet(s) · w/o to balcony

LaundryMain0.00 × 0.00 m

Ceramic Floor

BathroomMain0.00 × 0.00 m

porcelain floor · 4 pc bath

Dining RoomMain5.20 × 3.48 m

laminate · open concept · combined w/living

Living RoomMain5.20 × 3.48 m

california shutters · open concept · w/o to balcony

Bedroom 2Main3.41 × 2.72 m

laminate · double closet · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$514Klikely sale price

Listed at $529,900. 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 $514K, if it sells. A realistic range is $484K to $556K.

Independent value check: $469K. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $436K and $493K).

Why $469K. The typical townhouse sold in Downsview-Roding-CFB over the past year went for about $563K (38 sales). What sets this one apart:

  • ▼ Lowers it strongly2 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIt is 700 to 799 sq ft; the typical home sold here is 900 to 999.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,586 a year; the typical home sold here pays about $2,800.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$484KBelow recent closings$556KAbove recent closings

Total price vs nearby homes. Likely closing about $514K, 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
32days on market so far
$2,345/moest. rent · 10 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9 months of inventory: 18 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 $707/sqft against an area asking average of $612/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 $484K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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

There were not many closely comparable homes right in Downsview-Roding-CFB, so I widened the search to the surrounding area.

Based on 11 homes sold in this building over the past two years, from 72 closings in Downsview-Roding-CFB.

What sellers nearby are askingCurrently listed nearby in Downsview-Roding-CFB · asking prices
$499kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $469K, which is where my estimate comes from.

Per square foot, these ask about $649/sqft; this home lists at $707/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
530kThis home520k500k490k465k520kThis 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
Willowdale East
$808K
Islington-City Centre West
$540K
Niagara
$917K
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 · 0.8 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Madonna Catholic Secondary School · Catholic secondary0.5 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 elementary1.4 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 elementary1.9 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
$2,415/mo
$114KIncome needed
4.6×Price ÷ income
$557Weekly cost
$14,146Land 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.

74%mortgage
Mortgage $2,415Property tax $216Condo fee $636Total carry $3,267

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,344per month

Mortgage amount $423,920 · 4.49% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,195Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$216
Condo / maintenance fees
$636
Heating
$0
Estimated monthly cost
$3,195

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,258Total interest paid
$703,178Total of all payments
Principal $423,920 Interest $279,258
YearPrincipalInterestBalance
1$9,460$18,667$414,460
2$9,890$18,238$404,570
3$10,339$17,788$394,232
4$10,808$17,319$383,424
5$11,299$16,828$372,125
6$11,812$16,315$360,313
7$12,348$15,779$347,965
8$12,909$15,218$335,056
9$13,495$14,632$321,561
10$14,108$14,020$307,454
11$14,748$13,379$292,706
12$15,418$12,709$277,288
13$16,118$12,009$261,170
14$16,850$11,278$244,320
15$17,615$10,512$226,706
16$18,414$9,713$208,291
17$19,250$8,877$189,041
18$20,125$8,003$168,916
19$21,038$7,089$147,878
20$21,993$6,134$125,885
21$22,992$5,135$102,893
22$24,036$4,091$78,857
23$25,127$3,000$53,729
24$26,268$1,859$27,461
25$27,461$666$0

At the end of your 5-year term

Total paid over the term
$140,636
Principal paid down
$51,795
Interest paid
$88,840
Balance remaining
$372,125

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 10 whole-home leases in Downsview-Roding-CFB$2,345/mo
$28,140Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,157 to $2,532Typical 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 10 whole-home leases in Downsview-Roding-CFB signed at a median of $2,060 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,345. 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 $2,586− Condo fees $7,635− Insurance $600− Vacancy & upkeep $3,095Net operating income $14,224

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CITIZEN REALTY. MLS®/PropTx.

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