Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

568 Passmore Avenue Option 1, Toronto, ON M1V 4B2

Industrial
$1
$11,701per month, rent and TMI
Rent
$2,272 / month
TMI
$9,429 / month
Rate
$1 / sq ft + $4.15 TMI
Area
27,265 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

Passworks Business Centre is Scarborough's newest distinguished multi-tenant industrial facility located in one of the GTA's most sought-after industrial corridors. Offering premium leasing opportunities, this development is built to Beedie's best-in-class specifications. The warehouse is equipped with energy recovery ventilators for energy efficiency and high efficiency LED lighting throughout. No recreational use.

MLS number
E12914764
Type
Industrial
Status
Active
Bedrooms
Bathrooms
Postal code
M1V 4B2
Photos
2
Property tax
$4 / year
172days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Henry Kelsey Senior Public School
Intermediate · Regular Track
TDSB boundary
Agincourt Collegiate Institute8.3 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
SITPI ACADEMYElementary and secondary319 mNot reported
Parkland Public School
York Region DSB
Elementary1.1 km6.9 / 10
69% met the standard
Markham Gateway Public School
York Region DSB
Elementary1.6 km7.2 / 10
72% met the standard
Cedarwood Public School
York Region DSB
Elementary1.7 km7.7 / 10
77% met the standard
Macklin Public School
Toronto DSB
Elementary1.5 km6.8 / 10
68% met the standard
Ellen Fairclough Public School
York Region DSB
Elementary2.0 km7.4 / 10
74% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 366 people.

$102,000Median household income
90.9%Own their home
42.9%Detached houses
42.4Median age
63.8%Born outside Canada
14.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35200139 — the few blocks around this address, home to 366 people. It describes the area, not this property.

366Population
41.7Average age
3.4Household size
$104,000Average household income
$102,000Median household income
91%Own their home
9%Rent
0%Condominiums
64%Born outside Canada
15%University degree
$820,000Average home value
9%Low income
51%Not in the labour force
39%Never married
$25,000 to $29,9993%
$30,000 to $34,9993%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9993%
$70,000 to $79,9996%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9996%
$200,000 and over9%

Percentages are of the 160 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

What’s being built nearby

Planning applications within 500 m — 3 still in progress.

116 SELECT AVE380 m
Under Review · applied June 27, 2023

Site Plan Approval for a one-storey warehouse building

City planning file →
3030 MARKHAM RD323 m
Under Review · applied July 2, 2019

New fuel station comprising of 4 new fuel gas bar with canopy, convenience store and car wash facility.

City planning file →
3030 MARKHAM RD323 m
Under Review · applied July 2, 2019

Zoning By-law Amendment application to permit a new fuel station comprising of 4 new fuel gas bar with canopy, convenience store and car wash facility. A Site Plan application (19 181643 ESC 23 SA) was submitted concurrently with this rezoning application.

City planning file →
3250 MARKHAM RD117 m
Draft Plan Approved · applied February 20, 2026

Draft Plan of Condominium Application for 11 units in a single multi-tenanted industrial building on 3250 Markham Road.

City planning file →
5951 STEELES AVE E412 m
Closed · applied September 11, 2024

Application to lift the Hold associated with re-zoning application File No.: 23 165943 ESC 23 OZThis is not a re-zoning application.

City planning file →
5951 STEELES AVE E412 m
Closed · applied June 25, 2023

Site Plan Approval for two one-storey storage and distribution warehouses. Two designated heritage properties are located on the northeastern portion of the site, which would be renovated for possible commercial/office use.

City planning file →
5951 STEELES AVE E412 m
Closed · applied June 25, 2023

Zoning By-law Amendment for a one-storey storage and distribution warehouse. Two designated heritage properties are located on the northeastern portion of the site, which would be renovated for possible commercial/office use.

City planning file →
3250 MARKHAM RD117 m
Closed · applied February 2, 2022

Proposed development of vacant lands for three industrial buildings.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by COLLIERS. Listing data provided by the Toronto Regional Real Estate Board.