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.

6199 Steeles Avenue W, Toronto, ON M9L 2V1

Commercial Retail
$4,888,000

A Rare Opportunity To Acquire A Branded Mobil Gas Station In One Of The GTA's Most Active Growth Corridors, Positioned At The High-Exposure Intersection Of Steeles Avenue West & Islington Avenue. This Property Sits On The Toronto/Vaughan Border, Directly Across From Significant Residential Intensification Already Underway & Surrounded By Multiple Proposed High-Rise & Mixed-Use Developments. This Is A Location Where Today's Fuel And Convenience Business Meets Tomorrow's Land And Redevelopment Upside.The Surrounding Area Is Undergoing A Major Transformation. PriMont Homes Is Bringing Thousands Of New Residential Units To The Area Including A Total Of 9 Mid To High Rise Towers. Further Strengthening The Long-Term Demand Profile For Fuel, Convenience, Retail, And Future Mixed-Use Intensification.This Asset Offers Multiple Layers Of Value: An Established Branded Gas Station Operation, Strong Street Exposure, Daily Traffic Visibility, Immediate Income Potential, & A Long-Term Strategic Land Play. For An Owner-Operator, It Is A Chance To Control A Recognizable Mobil-Branded Location In A Dense Urban Market. For An Investor Or Developer, It Is A Rare Land-Positioning Opportunity In A Corridor Already Experiencing Major Growth. With Thousands Of Future Residents Expected In The Surrounding Area, This Property Is Positioned To Benefit From Increasing Traffic, Population Density, Convenience Demand, And Future Redevelopment Momentum. Property is Zoned CR(Commerical Residential). Opportunities Of This Nature Are Extremely Limited.

MLS number
W13496604
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
1
Postal code
M9L 2V1
Photos
28
Property tax
$31,000 / year
79days · 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 this street. The listing did not say which direction, and every candidate was in the same place.

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

Gracedale Public School5.3 / 10
Elementary · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
Humber Summit Middle School5.9 / 10
Intermediate · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
Emery Collegiate Institute4.7 / 10
Secondary · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
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
Venerable John Merlini Catholic School
Toronto CDSB
Elementary927 m8.2 / 10
82% met the standard
St Roch Catholic School
Toronto CDSB
Elementary1.3 km6.5 / 10
65% met the standard
St Catherine of Siena Catholic Elementary School
York CDSB
Elementary1.6 km7.3 / 10
73% met the standard
North Kipling Junior Middle School
Toronto DSB
Elementary1.6 km4.9 / 10
49% 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 685 people.

$78,500Median household income
76.6%Own their home
16.7%Detached houses
46.4Median age
57%Born outside Canada
17.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35203016 — the few blocks around this address, home to 685 people. It describes the area, not this property.

685Population
45.4Average age
2.9Household size
$77,500Average household income
$78,500Median household income
77%Own their home
23%Rent
4%Condominiums
57%Born outside Canada
17%University degree
$920,000Average home value
8%Low income
90%Not in the labour force
34%Never married
$15,000 to $19,9992%
$25,000 to $29,9993%
$30,000 to $34,9995%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9993%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over29%
$100,000 to $124,99911%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over3%

Percentages are of the 315 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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$977,600 · minimum here is $977,600
$21,643.01per month
Borrowed before insurance$3,910,400
Total borrowed$3,910,400
Interest over 25 years at 4.5%$2,582,502

If you rented it out

-$24,226.34per month out of pocket
Rent$0.00
Everything it costs to hold$24,226.34
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 1 still in progress.

137 PLUNKETT RD473 m
Council Approved · applied December 5, 2017

The proposal is for six blocks of stacked, back-to-back townhouses containing 151 units

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 SAM MCDADI REAL ESTATE INC.. Listing data provided by the Toronto Regional Real Estate Board.