$848,000 - 27 Thomas Mulholland Drive, Downsview
Townhouse for Sale in Downsview
- MLS Number
- W13225242
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
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.)
Estimate your monthly payments for this property
Estimated Payment
$4,350.68/mo
Includes CMHC insurance ($23,659)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downsview / Black Creek
Downsview / Black Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downsview / Black Creek
- •Convenient location in Downsview / Black Creek
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downsview / Black Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
27 Thomas Mulholland Drive, Downsview / Black Creek
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $565/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downsview have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downsview properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.