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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 5 days ago

    Unit 17 — 850 Tapscott Road

    Rouge E11·Toronto, ON·M1X 1N4·Near Markham Rd / Mcnicoll

    • 870 sqft
    Toronto real estate›E13529504
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Excellent opportunity to own a versatile commercial condo in the well-established Tapscott Business Mall. This functional two-level unit offers great potential for a variety of users, including retail, office, light industrial, specialty commercial, or owner-user/investor use. Conveniently located in a busy Scarborough commercial hub with access to major roads, transit, and surrounding businesses. The layout provides flexibility for different business operations, with potential to customize the space to suit your needs. Power of Sale under Aarti Mortgage Inc. Property is being sold strictly "as is, where is" with no representations or warranties. Buyer and Buyer's Agent are advised to conduct their own due diligence regarding property condition, zoning, permitted use, measurements, taxes, condo/maintenance fees, and all other relevant matters.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Excellent opportunity to own a versatile commercial condo in the well-established Tapscott Business Mall.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 6, 2026ListedCurrentFor sale$360,000 —E13529504This page
    Dec 8, 2025Previously listedTer$788,888 —E12617042View
    Sep 19, 2025Previously listedTer$799,000 —E12414730View
    Jul 10, 2025Previously listedTer$850,000 —E12276878View
    Apr 8, 2025Previously listedTer$728,000 —E12069026View
    Oct 7, 2024Previously listedTer$799,000 —E9386106View
    Jul 25, 2024Previously listedTer$799,000 —E9055363View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Gas Forced Air Open
      Air conditioning
      Partial
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 17 — 850 Tapscott Road
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,769
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $152
    0.51% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,097,788
      Last 30 days
    • Median sold price
      $860,367
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      6,910
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 17 — 850 Tapscott Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 17 — 850 Tapscott Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 17 — 850 Tapscott Road listed for?

      Unit 17 — 850 Tapscott Road is listed at $360,000 on the MLS® (listing E13529504). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 17 — 850 Tapscott Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Commercial Retail
  2. Asking
    $360,000
    $414 / sqft · MLS® E13529504
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,097,788
    $1,009,965Confidence range$1,185,611
    Asking vs estimate
    ↓below
    −$737,788
    (-67.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Toronto sell in about 29 days — this one has been listed 5 days.

    Avg sold price
    $1,097,788
    Median sold
    $860,367
    Avg days on market
    29
    Recently sold
    6910
    See comparable sales
  3. Conveniently located in a busy Scarborough commercial hub with access to major roads, transit, and surrounding businesses.
  4. The layout provides flexibility for different business operations, with potential to customize the space to suit your needs.
  5. Power of Sale under Aarti Mortgage Inc.
  6. Ask Zara a follow-up
    Sanitary
  7. Parking & garage

    1
    Garage
    None
  8. Interior

    1
    Elevator
    None
  9. Lot & land

    1
    Zoning
    Commercial Mixed Use
  10. Listing & possession

    4
    Possession
    2026-07-01T00:00:00.000-00:00
    Occupancy
    ASAP
    Property style
    Commercial Condo
    Property class
    Commercial Retail
  11. Combined estimate
    $1,921
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,769
    /mo
    based on the purchase price of $360,000
    $72,000 cash
    $288,000 financed
    $242,572 total interest
    Monthly payment$1,769/ month
    Principal54%$288,000
    Interest46%$242,572

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable commercial retails that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 2455 St Clair Avenue
      Sold
      Sign in for price
      2455 St Clair Avenue
      Commercial Retail
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 17 — 850 Tapscott RoadThis home0 / 0870$360,000ask$414——
    2455 St Clair Avenue0 / 02,560—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More commercial retails in Toronto

    Active listings within ±20% of this asking price.

    • 3331 Markham Road
      $429,000
      3331 Markham Road
      Commercial Retail 1
    • 69 Lebovic Avenue
      $389,888
      69 Lebovic Avenue
      Commercial Retail
    • 8 Glen Watford Drive
      $288,000
      8 Glen Watford Drive
      Commercial Retail 2
    • 885 Progress Avenue
      $344,500
      885 Progress Avenue
      Commercial Retail
    • 4215 Sheppard Avenue
      $290,000
      4215 Sheppard Avenue
      Commercial Retail
    • 105 Gordon Baker Road
      $428,800
      105 Gordon Baker Road
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of CENTURY 21 LEADING EDGE REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 17 — 850 Tapscott Road is a 870 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was Unit 17 — 850 Tapscott Road built?

    The year built for Unit 17 — 850 Tapscott Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for Unit 17 — 850 Tapscott Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 17 — 850 Tapscott Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on Unit 17 — 850 Tapscott Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $360,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has Unit 17 — 850 Tapscott Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 17 — 850 Tapscott Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is Unit 17 — 850 Tapscott Road in?

    Unit 17 — 850 Tapscott Road is in Rouge E11, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  21. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.