1-55 Thomas Mulholland Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13069810

$1,198,888
For Sale
Listed 77 days ago
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5Bedrooms
4Bathrooms
2Garage
2000-2500Sq Ft

About this home

This Stunning Corner Townhouse is ONE of the Largest in the Community and Features a Wraparound Balcony. Showcasing Impressive 9 Foot Ceilings and an Open Concept Custom Layout, the Home is Designed for Both Comfort and Style. The Main Level is Filled With Natural Light From Large Windows, With a Charming Patio Perfect for Outdoor Entertaining. The Spacious Primary Suite is Double the Size and Offers a Walk in Closet and a Luxurious Five Piece Ensuite Bathroom. Enjoy Breathtaking Views From the Covered Rooftop Patio and the Convenience of a Two-car Garage. Ideally Located Near Playgrounds, Parks, and Recreational Facilities, This Property Offers Exceptional Living. POTL $100 Grass and Snow Removal

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13069810
Bedrooms
5
Bathrooms
4 (2 half)
Size
2000-2500
Lot
28.66 × 75.29 ft
Cross streets
Keele St & Sheppard Ave
Parking
2 garage (attached)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,378 / 2025
Days on market
77
Listing brokerage
THE AGENCY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.14Mest. value

Listed at $1,198,888, this home is about 5% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.09M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $975K
  • Bathrooms +$15K
  • Adjusts to $990K

That comparable adjusts to $990K; the $1.14M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Stanley Greene Blvd at Downsview Park Blvd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.07MGreat deal$1.20MOverpriced

Total price vs nearby homes. Fair value about $1.14M, median of 9 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.05Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

18 Deep Roots Terrace$1.22M17 Locust Lodge Gardens$975k11-757 Sheppard Avenue$1.10M19 Woodstream Drive$1.00M28 Seminoff Street$949k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home1.22M975k1.10M1.00M949kThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $868K
$533this home / sqft
9active listings nearby
77days on market

This home lists 9% above the area average of $487/sqft.

67 days longer than the Toronto average (10 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Downsview-Roding-CFB, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

71/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Stanley Greene Blvd at Downsview Park Blvd, about 134 m away

20+ transit stops4 grocery20+ dining20+ parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$1.10M
Humber Summit
$799K
West Humber-Clairville
$937K
Trinity-Bellwoods
$1.12M
Cabbagetown-South St. James Town
$1.71M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$5,464/mo
$225KIncome needed
5.3×Price ÷ income
$1,261Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $5,464Property tax $448Total carry $5,912

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,118per month

Mortgage amount $959,110 · 4.14% over 25 years

$239,778Down payment (20.0%)
$959,110Loan before insurance
$0CMHC premium
$5,566Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,118
Property tax
$448
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,566

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,453
Toronto municipal land transfer tax
$20,453
Estimated closing costs
$40,906

Plus your down payment of $239,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,216/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$576,340Total interest paid
$1,535,451Total of all payments
Principal $959,110 Interest $576,340
YearPrincipalInterestBalance
1$22,469$38,949$936,642
2$23,408$38,010$913,233
3$24,388$37,030$888,846
4$25,408$36,010$863,438
5$26,470$34,948$836,967
6$27,578$33,840$809,390
7$28,731$32,687$780,659
8$29,933$31,485$750,726
9$31,185$30,233$719,540
10$32,489$28,929$687,051
11$33,848$27,570$653,202
12$35,264$26,154$617,938
13$36,739$24,679$581,199
14$38,276$23,142$542,923
15$39,877$21,541$503,046
16$41,545$19,873$461,500
17$43,283$18,135$418,217
18$45,093$16,325$373,124
19$46,980$14,438$326,144
20$48,945$12,473$277,200
21$50,992$10,426$226,208
22$53,125$8,293$173,083
23$55,347$6,071$117,736
24$57,662$3,756$60,074
25$60,074$1,344$0

At the end of your 5-year term

Total paid over the term
$307,090
Principal paid down
$122,143
Interest paid
$184,947
Balance remaining
$836,967

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
3.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $5,378− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,078

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.

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