1-55 Thomas Mulholland Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13735964

$999,888
For Sale
Listed 35 days agoNo offer date stated
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5Bedrooms
4Bathrooms
2Garage
2000-2500Sq ft

About this home

In short

  • Client RemarksThis 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 Spacious Primary Suite is Double the Size and Offers a Walk in Closet and a Luxurious Five Piece Ensuite Bathroom.
  • POTL $100 Grass and Snow Removal

Client RemarksThis 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®
W13735964
Bedrooms
5
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
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
35
Listing brokerage
THE AGENCY
Our TakeTeam Asgarian · Broker
A small discount is typical
$971Klikely sale price

Listed at $999,888. 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 $971K, if it sells. A realistic range is $910K to $1.09M.

Independent value check: $940K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $880K and $985K).

Why $940K. The typical townhouse sold in Downsview-Roding-CFB over the past year went for about $860K (41 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,378 a year; the typical home sold here pays about $4,200.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightlyIts lot is 29 by 75 ft; the typical lot sold here is 16 by 62.
  • ▼ Lowers it slightly5 bedrooms and 4 baths, against 3+1 and 4 typically.
List price
$910KBelow recent closings$1.09MAbove recent closings

Total price vs nearby homes. Likely closing about $971K, 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
35days on market so far
$4,118/moest. rent · 9 leases
4.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 5 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 $444/sqft against an area asking average of $434/sqft.

  • Ravine / green setting. This home sits beside Stanley Greene Park. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $943K. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. 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 ($444/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Downsview-Roding-CFB, so I widened the search to the surrounding area.

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

What sellers nearby are askingCurrently listed nearby in Downsview-Roding-CFB · asking prices
$880kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $940K, which is where my estimate comes from.

Per square foot, these ask about $447/sqft; this home lists at $444/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1000kThis home864k1.07M809k778kThis home vs active comparables

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
Palmerston-Little Italy
$1.59M
Trinity-Bellwoods
$1.53M
Islington-City Centre West
$1.20M

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
Also nearby: 12 more schools within 2.5 km
Blaydon Public School · Public elementary0.7 km · 38% at standard
Madonna Catholic Secondary School · Catholic secondary0.7 km · 60% at standard
Ancaster Public School · Public elementary0.9 km · 47% at standard
St Norbert Catholic School · Catholic elementary1.1 km · 70% at standard
St Raphael Catholic School · Catholic elementary1.2 km · 76% at standard
Africentric Alternative School · Public elementary1.3 km · 57% at standard
St Conrad Catholic School · Catholic elementary1.4 km · 72% at standard
Sheppard Public School · Public elementary1.4 km · 24% at standard
St Martha Catholic School · Catholic elementary2.1 km · 58% at standard
ALPHA II Alternative School · Public secondary2.1 km
Calico Public School · Public elementary2.1 km · 28% at standard
Stilecroft Public School · Public elementary2.1 km · 60% at standard

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

Affordability & Mortgage

Affordability
$4,557/mo
$191KIncome needed
5.2×Price ÷ income
$1,052Weekly cost
$32,946Land 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.

91%mortgage
Mortgage $4,557Property tax $448Total carry $5,005

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 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,423per month

Mortgage amount $799,910 · 4.49% over 25 years

$199,978Down payment (20.0%)
$799,910Loan before insurance
$0CMHC premium
$4,871Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,423
Property tax
$448
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,871

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

One-time closing costs

Ontario land transfer tax
$16,473
Toronto municipal land transfer tax
$16,473
Estimated closing costs
$32,946

Plus your down payment of $199,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,353/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

$526,942Total interest paid
$1,326,853Total of all payments
Principal $799,910 Interest $526,942
YearPrincipalInterestBalance
1$17,851$35,224$782,060
2$18,661$34,413$763,399
3$19,508$33,566$743,890
4$20,394$32,680$723,496
5$21,320$31,754$702,176
6$22,288$30,786$679,888
7$23,300$29,774$656,588
8$24,358$28,716$632,230
9$25,464$27,610$606,766
10$26,620$26,454$580,146
11$27,829$25,245$552,317
12$29,092$23,982$523,225
13$30,413$22,661$492,811
14$31,794$21,280$461,017
15$33,238$19,836$427,780
16$34,747$18,327$393,033
17$36,324$16,750$356,708
18$37,974$15,100$318,735
19$39,698$13,376$279,037
20$41,500$11,574$237,536
21$43,385$9,689$194,152
22$45,354$7,720$148,797
23$47,414$5,660$101,384
24$49,567$3,508$51,817
25$51,817$1,257$0

At the end of your 5-year term

Total paid over the term
$265,371
Principal paid down
$97,734
Interest paid
$167,636
Balance remaining
$702,176

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 9 whole-home leases in Downsview-Roding-CFB$4,118/mo
$49,416Gross annual rent
3.7%Cap rate after taxes and upkeep
$3,788 to $4,447Typical 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 9 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 $4,118. 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.

4.9%
Gross yield
− Property tax $5,378− Insurance $1,400− Vacancy & upkeep $5,436Net operating income $37,202

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

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