27 Thomas Mulholland Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13225242

$928,000
For Sale
Listed 46 days ago
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3Bedrooms
3Bathrooms
1Garage
1500-2000Sq Ft

About this home

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
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
46
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

Moe’s TakeTeam Asgarian · Broker
Above comparables
$838Kest. value

Listed at $928,000, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $861K, 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 $850K
  • Bedrooms −$30K
  • Adjusts to $820K

That comparable adjusts to $820K; the $838K estimate above is the median of all 5 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Stanley Greene Blvd at Downsview Park Blvd is about a 3-minute walk away.

List price
$820KGreat deal$928KOverpriced

Total price vs nearby homes. Fair value about $838K, median of 5 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$881kavg asking

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

110 Tisdale Avenue$899k1-2A Muir Avenue$849k9 Thomas Mulholland Drive$799k3014 Islington Avenue$799k2 Hayes Lane$1.06M

The 5 closest of 8 active listings nearby.

See all comparable homes
928kThis home899k849k799k799k1.06MThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $859K
$530this home / sqft
14active listings nearby
46days on market

This home lists 3% below the area average of $549/sqft.

36 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

66/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Stanley Greene Blvd at Downsview Park Blvd, about 200 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
Roncesvalles
$999K

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

Affordability & Mortgage

Affordability
$4,230/mo
$175KIncome needed
5.3×Price ÷ income
$976Weekly 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 $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%
$
%
4.14%
%
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)
$3,962per month

Mortgage amount $742,400 · 4.14% over 25 years

$185,600Down payment (20.0%)
$742,400Loan before insurance
$0CMHC premium
$4,309Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,962
Property tax
$347
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,309

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

6.14%Qualifying rate
$4,812/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

$446,117Total interest paid
$1,188,517Total of all payments
Principal $742,400 Interest $446,117
YearPrincipalInterestBalance
1$17,392$30,149$725,008
2$18,119$29,421$706,889
3$18,877$28,663$688,012
4$19,667$27,874$668,345
5$20,489$27,051$647,855
6$21,347$26,194$626,509
7$22,239$25,301$604,269
8$23,170$24,371$581,100
9$24,139$23,402$556,961
10$25,149$22,392$531,812
11$26,200$21,340$505,612
12$27,296$20,244$478,315
13$28,438$19,103$449,877
14$29,628$17,913$420,250
15$30,867$16,674$389,383
16$32,158$15,383$357,225
17$33,503$14,037$323,721
18$34,905$12,636$288,817
19$36,365$11,176$252,452
20$37,886$9,655$214,567
21$39,470$8,070$175,096
22$41,121$6,419$133,975
23$42,841$4,699$91,134
24$44,633$2,907$46,500
25$46,500$1,040$0

At the end of your 5-year term

Total paid over the term
$237,703
Principal paid down
$94,545
Interest paid
$143,159
Balance remaining
$647,855

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$3,150/mo
$37,800Gross annual rent
3.0%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.

4.1%
Gross yield
− Property tax $4,163− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,079

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

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