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.

185 Toryork Drive, Toronto, ON M9L 1X6

Industrial
$7,399,000

Freestanding user investor building with high visibility on the corner of Toryork - Ormont Dr.3 existing dependable tenants willing to stay, apprx 9,000- 12,000 sq ft can be provided vacant.Attractive clear height, heavy power

MLS number
W13765334
Type
Industrial
Status
Active
Bedrooms
Bathrooms
Postal code
M9L 1X6
Photos
8
Property tax
$47,799 / year
1days · this listing
32days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

32 days on the market across 2 listings
This listing shows 1 day on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

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

Matched to a published address point for this address.

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

Daystrom Public School5.4 / 10
Elementary · Regular Track
TDSB boundary
Humber Summit Middle School5.9 / 10
Intermediate · Regular Track
TDSB boundary
Emery Collegiate Institute4.7 / 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
Gracedale Public School
Toronto DSB
Elementary771 m5.3 / 10
53% met the standard · 3 of 6 measures
St Roch Catholic School
Toronto CDSB
Elementary902 m6.5 / 10
65% met the standard
St John Vianney Catholic School
Toronto CDSB
Elementary2.4 km6.8 / 10
68% met the standard
Emery EdVance Secondary School
Toronto DSB
Secondary1.9 kmNot reported
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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 844 people.

$82,000Median household income
63.5%Own their home
0%Detached houses
42.4Median age
55.3%Born outside Canada
17.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201890 — the few blocks around this address, home to 844 people. It describes the area, not this property.

844Population
42.2Average age
3.1Household size
$93,000Average household income
$82,000Median household income
64%Own their home
37%Rent
0%Condominiums
55%Born outside Canada
18%University degree
$830,000Average home value
12%Low income
90%Not in the labour force
36%Never married
Under $5,0001%
$5,000 to $9,9991%
$20,000 to $24,9991%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9991%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over29%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over7%

Percentages are of the 375 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.

$1,479,800 · minimum here is $1,479,800
$32,761.17per month
Borrowed before insurance$5,919,200
Total borrowed$5,919,200
Interest over 25 years at 4.5%$3,909,151

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$24,412.42per month out of pocket
Rent$12,332.00
Everything it costs to hold$36,744.42
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.

700 FENMAR DR475 m
Under Review · applied January 13, 2026

Proposed addition to existing manufacturing facility.

City planning file →
500 FENMAR DR239 m
Final Approval Completed · applied April 16, 2024

Proposed non-residential building containing 10417sqm GFA and 63 parking spaces.

City planning file →
500 FENMAR DR239 m
Closed · applied August 29, 2023

Proposed non-residential building containing 10417sqm GFA and 63 parking spaces.

City planning file →
48 MILLWICK DR379 m
Closed · applied November 29, 2017

Construction of a steel building on a concrete wall foundation to be used for the purpose of stoarge of non-hazardous solid waste and processing facility (transfer Station).

City planning file →
239 TORYORK DR445 m
Closed · applied August 25, 2009

Proposed one storey addition to east side of existing industrial building.

237 TORYORK DR388 m
Closed · applied April 22, 2008

A two-storey addition to an existing one-storey warehouse.

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 VANGUARD REALTY BROKERAGE CORP.. Listing data provided by the Toronto Regional Real Estate Board.