87 Hullmar Drive, Toronto, ON

Black Creek, Toronto · MLS® W13480214

$984,900
For Sale
Listed 24 days ago
Request a showing
◎ Directions
4Bedrooms
2Bathrooms
4Parking
1500-2000Sq Ft

About this home

Welcome to this European owned backspit in a highly coveted neighbourhood of North York! Features an open concept layout iwth hardwood floors, great sized main floor family room - perfect for entertaining with a walkout to the backyard. Nestled right beside Hullmar Park, you have great privacy amongst a fully landscaped lot! 4 bedrooms, 2 baths, a finished basement with a wet bar & laundry room. A quiet family oriented neighbourhood that is stops to all amenities. Minutes from shopping, schools, transit, HWYs 400, 407, TTC, Subway station & future LRT. Original owner has maintained this home and it shows! Fabulously landscaped gardens. A must see!

Key facts

Property type
Detached, Backsplit 4
MLS®
W13480214
Bedrooms
4
Bathrooms
2
Size
1500-2000
Lot
54 × 143.41 ft
Cross streets
Steeles/Jane
Parking
4 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,650 / 2026
Days on market
24
Listing brokerage
ROYAL LEPAGE REALTY PLUS

Rooms

Bedroom 4Lower2.79 × 2.69 m

hardwood floor · closet

Dining RoomMain2.82 × 2.64 m

hardwood floor · combined w/living · overlooks frontyard

BathroomMain0.00 × 0.00 m

4 pc ensuite · semi ensuite

KitchenMain3.20 × 2.69 m

ceramic floor · backsplash · open concept

RecreationLower8.51 × 30.00 m

laminate · pot lights · wet bar

Bedroom 2Main4.72 × 2.44 m

hardwood floor · closet

BreakfastMain2.69 × 2.57 m

ceramic floor · eat-in kitchen · open concept

BathroomLower0.00 × 0.00 m

3 Pc Bath

Family RoomMain8.31 × 2.90 m

hardwood floor · fireplace

Utility RoomLower2.69 × 2.69 m
Bedroom 3Lower3.84 × 2.44 m

hardwood floor · closet

Living RoomMain5.97 × 3.30 m

hardwood floor · combined w/dining

OfficeLower2.79 × 2.49 m
Primary BedroomMain4.83 × 3.05 m

hardwood floor · closet · semi ensuite

FoyerMain3.30 × 1.60 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.28Mest. value

Listed at $984,900, this home is tracking about 23% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $928K, lower than the comparables and worth a second look.

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 $999K
  • Bedrooms −$60K
  • Bathrooms −$15K
  • Adjusts to $924K

That comparable adjusts to $924K; the $1.28M 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 Brookview 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. Hullmar Dr at Ruthmar Cres is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$985KGreat deal$1.41MOverpriced

Total price vs nearby homes. Fair value about $1.28M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Black Creek · asking prices
$1.07Mavg asking

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

9 Wheatsheaf Crescent$950k11 Kinnie Court$1.05M62 Hullmar Drive$1.20M

The 3 closest active listings nearby.

See all comparable homes
985kThis home950k1.05M1.20MThis home vs active comparables
Live market pulseActive comparables in Black Creek · median list $999K
$563this home / sqft
5active listings nearby
24days on market

This home lists 25% below the area average of $752/sqft.

23 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Black Creek, 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

77/ 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: Hullmar Dr at Ruthmar Cres, about 31 m away

20+ transit stops7 grocery20+ dining10 parks13 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Alderwood
$998K

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 Gosford Public School
48%
Gosford Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 48% meet the provincial standard

Affordability & Mortgage

Affordability
$4,489/mo
$183KIncome needed
5.4×Price ÷ income
$1,036Weekly 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.

94%mortgage
Mortgage $4,489Property tax $304Total carry $4,793

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)
$4,205per month

Mortgage amount $787,920 · 4.14% over 25 years

$196,980Down payment (20.0%)
$787,920Loan before insurance
$0CMHC premium
$4,509Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,205
Property tax
$304
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,509

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

One-time closing costs

Ontario land transfer tax
$16,173
Toronto municipal land transfer tax
$16,173
Estimated closing costs
$32,346

Plus your down payment of $196,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,107/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

$473,470Total interest paid
$1,261,390Total of all payments
Principal $787,920 Interest $473,470
YearPrincipalInterestBalance
1$18,458$31,997$769,462
2$19,230$31,225$750,231
3$20,035$30,421$730,197
4$20,873$29,583$709,324
5$21,746$28,710$687,578
6$22,655$27,800$664,923
7$23,603$26,853$641,320
8$24,590$25,865$616,729
9$25,619$24,837$591,111
10$26,690$23,765$564,420
11$27,807$22,649$536,613
12$28,970$21,486$507,643
13$30,182$20,274$477,461
14$31,444$19,011$446,017
15$32,760$17,696$413,258
16$34,130$16,326$379,128
17$35,557$14,898$343,570
18$37,045$13,411$306,526
19$38,594$11,861$267,931
20$40,209$10,247$227,723
21$41,890$8,565$185,832
22$43,643$6,813$142,190
23$45,468$4,987$96,721
24$47,370$3,086$49,351
25$49,351$1,104$0

At the end of your 5-year term

Total paid over the term
$252,278
Principal paid down
$100,342
Interest paid
$151,936
Balance remaining
$687,578

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
2.9%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.

3.8%
Gross yield
− Property tax $3,650− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,592

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REALTY PLUS. MLS®/PropTx.

CallRequest a showing