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.

6-8 John Street, Toronto, ON M9N 1J3

Investment
$1,100,000

Excellent cap rate, a unique freestanding corner building with constant cash flow, great investment return with proven solid upward growth. Versatile property consisting of 2+1 long established commercial units, One 3 bedrooms (Fully renovated) with private ensuite washer/dryer brand new appliances and fixtures and one 2-Bedroom space at upper level, all with separate entrances, and Two parking space at rear with no condo fees. Live in one and collect constant cash from 4 other leased units if you want. Fully leased (One unit just fully renovated with lease offers) with stable tenants, never been vacant. Exceptional transit (TTC, GO, LTR, etc), at doorsteps and 400,401 ,427 HWY access. Great exposure in rapidly growing weston surrounded by residential development. Unique Investment return with incoming raises. Newer roof, high-efficiency furnace and water heater. Fully detached with separate civic addresses.

MLS number
W13727360
Type
Investment
Status
Active
Bedrooms
Bathrooms
4
Postal code
M9N 1J3
Photos
19
Property tax
$9,912 / year
13days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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

H J Alexander Community School6.8 / 10
Elementary · Regular Track
TDSB boundary
C R Marchant Middle School6.1 / 10
Intermediate · Regular Track
TDSB boundary
Weston Collegiate Institute4.9 / 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
Islamic Education Guidance CentreElementary77 mNot reported
Acacia International High SchoolSecondary174 mNot reported
New Earth WondersElementary592 mNot reported
St John the Evangelist Catholic School
Toronto CDSB
Elementary488 m6.1 / 10
61% 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 1,410 people.

$34,800Median household income
21.2%Own their home
1.9%Detached houses
45.6Median age
66.9%Born outside Canada
14.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204414 — the few blocks around this address, home to 1,410 people. It describes the area, not this property.

1,410Population
45Average age
1.8Household size
$52,200Average household income
$34,800Median household income
21%Own their home
79%Rent
20%Condominiums
67%Born outside Canada
15%University degree
$480,000Average home value
34%Low income
41%Never married
Under $5,0001%
$5,000 to $9,9992%
$10,000 to $14,9999%
$15,000 to $19,9995%
$20,000 to $24,99916%
$25,000 to $29,9996%
$30,000 to $34,9995%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over12%
$100,000 to $124,9995%
$125,000 to $149,9993%
$150,000 to $199,9992%
$200,000 and over1%

Percentages are of the 880 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.

$220,000 · minimum here is $85,000
$4,870.56per month
Borrowed before insurance$880,000
Total borrowed$880,000
Interest over 25 years at 4.5%$581,169

If you rented it out

-$5,696.56per month out of pocket
Rent$0.00
Everything it costs to hold$5,696.56
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 — 8 still in progress.

1984 WESTON RD274 m
Under Review · applied December 17, 2025

Proposed mixed-use development with 45- and 39-storey towers with a shared podium.The applications pertain to the assembly of properties municipally known as 1956-1986 Weston Road and 1, 3, 3a & 5 Little Avenue

City planning file →
38 SOUTH STATION ST219 m
Under Review · applied April 25, 2023
City planning file →
1885 WESTON RD334 m
Under Review · applied December 28, 2022

The proposed development is composed of two new residential towers located on a shared podium containing commercial, place of worship, and community uses.

City planning file →
1830 WESTON RD485 m
Under Review · applied December 23, 2022

The development applications would permit a 45-storey mixed use building with a height of 145.3 metres (150.3 metres inclusive of the mechanical penthouse). The building will include 562 residential units.…

City planning file →
21 JOHN ST176 m
Council Approved · applied October 18, 2022

Proposal to construct a new 42 storey mixed-use building with commercial uses at grade.

City planning file →
127 CHURCH ST497 m
Under Review · applied August 4, 2022

Proposal for a 61 storey mixed-use building containing 691 dwelling units, 43,404 sqm of residential GFA, and 464 sqm of retail GFA.

City planning file →
1831 WESTON RD460 m
Under Review · applied April 19, 2022

Proposed development of a 45-storey mixed use building.

City planning file →
1986 WESTON RD275 m
Under Review · applied September 30, 2021

To permit a mixed-use development including two tall buildings with heights of 29-storeys (approximately 99 m in height, measured to the top of the mechanical penthouse) connected by a 12-storey podium (approximately 41 m in height, measured to the top of the …

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 HOMELIFE MAPLE LEAF REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.