27 Thomas Mulholland Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13225242

$928,000
For Sale
Listed 128 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage
1500-2000Sq ft

About this home

In short

  • Discover a contemporary freehold townhome encompasses near 2,000 SF of sophisticated living space across all four storey.
  • Walk out private backyard connects to a landscaped common courtyard, while two extensive rooftop terraces offer panoramic north and south views of magnificent complex...
  • The highly functional 3+1 layout optimizes spatial privacy.
  • The entire third floor comprises a luxurious primary retreat with filmed windows, walk-in closet, and a spa-like ensuite featuring glass shower and B/I soaker tub.
  • 2nd and 3rd bedrooms perfectly split for optimal acoustics and unobstructed vistas.

Discover a contemporary freehold townhome encompasses near 2,000 SF of sophisticated living space across all four storey. The residence seamlessly integrates indoor and outdoor domains via expansive picture windows and an open plan. Walk out private backyard connects to a landscaped common courtyard, while two extensive rooftop terraces offer panoramic north and south views of magnificent complex & treetops. Daily convenience is maximized by a private built-in garage and safely monitored underground visitor parkings. The carpet-free interior features refined oak staircases, premium Pewter Oak laminate, and light-beige tile flooring. An epicurean kitchen boasts upgraded quartz surfaces, a premium gas range, stainless steel appliances, and a versatile, movable central island. The highly functional 3+1 layout optimizes spatial privacy. The entire third floor comprises a luxurious primary retreat with filmed windows, walk-in closet, and a spa-like ensuite featuring glass shower and B/I soaker tub. 2nd and 3rd bedrooms perfectly split for optimal acoustics and unobstructed vistas. The lower level provides a versatile flex space for office or workstation use, complete with a built-in bench, guest powder, mirror wardrobe and dedicated under-stair storage. Positioned in an elite location, the property is steps from the 291-hectare Downsview Park and the 4.4-acre Stanley Green urban park. Premier recreational facilities incl children's playgrounds, a dog park, skatepark, basketball and tennis court, skating ring, sports fields, lake scenery, hilltop views, circuit and bicycle trails, sculptural seating, awarded public art, arenas and musical concert pavilions. Transit connectivity is exceptional via the Downsview Park TTC Subway & GO Station and community shuttle services. Highway 401, Yorkdale Shopping Centre, Costco, and Humber River Hospital are all reachable within minutes. Welcome to cherish this affordable luxury in the Park! (Curated furnishings are negotiable.)

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13225242
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
13.12 × 57.22 ft
Cross streets
Sheppard & Downsview Park Dr
Parking
1 garage (built-in)
Driveway
Other
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$4,163 / 2025
Days on market
128
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

KitchenMain3.97 × 2.45 m

modern kitchen · stainless steel appl · large window

Dining RoomMain2.86 × 2.45 m

laminate · overlooks garden · track lighting

Family RoomMain3.74 × 2.62 m

laminate · overlooks frontyard · large window

Bedroom 3Second2.96 × 2.63 m

laminate · walk-in closet(s) · picture window

BreakfastMain3.97 × 2.45 m

combined w/kitchen · w/o to garden · granite counters

LaundryLower1.60 × 1.00 m

tile floor · separate room · led lighting

LibraryLower2.80 × 2.37 m

laminate · b/i shelves · combined w/sitting

Living RoomMain3.74 × 2.62 m

laminate · combined w/family · led lighting

Bedroom 2Second3.75 × 3.04 m

laminate · mirrored closet · large window

Mud RoomLower2.80 × 2.37 m

mirrored closet · combined w/library · w/o to garage

Primary BedroomThird4.11 × 3.90 m

laminate · walk-in closet(s) · 6 pc bath

SittingUpper3.40 × 1.00 m

tile floor · w/o to terrace · picture window

Our TakeTeam Asgarian · Broker
A small discount is typical
$902Klikely sale price

Listed at $928,000. Going by how homes in Downsview-Roding-CFB and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $902K, if it sells. A realistic range is $845K to $1.02M.

Independent value check: $788K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $738K and $826K).

Why $788K. The typical townhouse sold in Downsview-Roding-CFB over the past year went for about $860K (41 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

Longer on the market than typical. 128 days on the market against about 30 for homes like it here, and asking 18% above where comparable closings put it.

List price
$845KBelow recent closings$1.02MAbove recent closings

Total price vs nearby homes. Likely closing about $902K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$809Kmedian sold price
99%of asking, on average
−8%prices vs a year ago
~26 dayshomes like this take to sell
128days on market so far
$3,326/moest. rent · 10 leases
4.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 9 townhouse homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $530/sqft against an area asking average of $511/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $779K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($530/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 homes sold on this street over the past two years, from 82 closings in Downsview-Roding-CFB.

Sold price trend

Median sold price for townhouses in Toronto: $1.04M in September 2026, down 3% from a year ago, on 899 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.04M90

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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$1.06M
Annex
$3.12M
Trinity-Bellwoods
$1.53M
Islington-City Centre West
$1.20M
Cabbagetown-South St. James Town
$1.64M

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 · 0.7 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Blaydon Public School · Public elementary0.8 km · 38% at standard
Madonna Catholic Secondary School · Catholic secondary0.8 km · 60% at standard
Ancaster Public School · Public elementary0.9 km · 47% at standard
St Norbert Catholic School · Catholic elementary1.0 km · 70% at standard
Africentric Alternative School · Public elementary1.3 km · 57% at standard
St Raphael Catholic School · Catholic elementary1.3 km · 76% at standard
Sheppard Public School · Public elementary1.4 km · 24% at standard
St Conrad Catholic School · Catholic elementary1.5 km · 72% at standard
Stilecroft Public School · Public elementary2.1 km · 60% at standard
St Martha Catholic School · Catholic elementary2.1 km · 58% at standard
ALPHA II Alternative School · Public secondary2.2 km
Calico Public School · Public elementary2.2 km · 28% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,230/mo
$175KIncome needed
5.3×Price ÷ income
$976Weekly cost
$30,070Land transfer tax, one-time (Ontario + Toronto)
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 $4,230Property tax $347Total carry $4,576

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,105per month

Mortgage amount $742,400 · 4.49% over 25 years

$185,600Down payment (20.0%)
$742,400Loan before insurance
$0CMHC premium
$4,452Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,105
Property tax
$347
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,452

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

One-time closing costs

Ontario land transfer tax
$15,035
Toronto municipal land transfer tax
$15,035
Estimated closing costs
$30,070

Plus your down payment of $185,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,968/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

$489,057Total interest paid
$1,231,457Total of all payments
Principal $742,400 Interest $489,057
YearPrincipalInterestBalance
1$16,567$32,691$725,833
2$17,319$31,939$708,513
3$18,106$31,152$690,408
4$18,928$30,330$671,480
5$19,787$29,471$651,692
6$20,686$28,573$631,007
7$21,625$27,633$609,382
8$22,607$26,652$586,775
9$23,633$25,625$563,142
10$24,706$24,552$538,436
11$25,828$23,430$512,608
12$27,001$22,258$485,607
13$28,227$21,032$457,380
14$29,508$19,750$427,872
15$30,848$18,410$397,024
16$32,249$17,010$364,775
17$33,713$15,545$331,062
18$35,244$14,015$295,819
19$36,844$12,415$258,975
20$38,517$10,742$220,458
21$40,265$8,993$180,193
22$42,094$7,165$138,099
23$44,005$5,253$94,094
24$46,003$3,255$48,092
25$48,092$1,167$0

At the end of your 5-year term

Total paid over the term
$246,291
Principal paid down
$90,708
Interest paid
$155,584
Balance remaining
$651,692

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
From 10 whole-home leases in Downsview-Roding-CFB$3,326/mo
$39,912Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,060 to $3,592Typical rent range
~26 daysTo find a tenant, on average

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

Talk about the numbers

The last 10 whole-home leases in Downsview-Roding-CFB signed at a median of $3,253 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,326. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.3%
Gross yield
− Property tax $4,163− Insurance $1,400− Vacancy & upkeep $4,390Net operating income $29,959

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

CallRequest a showing