45 Thomas Mulholland Drive Unit 1, Toronto W05

Price: $1,039,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: W13436302

Welcome to 45 Thomas Mulholland Drive, a true showstopper where luxury, style, and convenience come together seamlessly! This stunning end-unit townhome feels like a semi and is loaded with premium upgrades throughout - from engineered flooring, heated basement floors, and an upgraded staircase with sleek metal pickets, to a redesigned kitchen layout featuring a double oven and elevated finishes. Enjoy the comfort of 4 bathrooms, a luxurious ensuite with dual vanities, and incredible outdoor living with a massive wrap-around rooftop balcony, an additional balcony off the kitchen, and gas outlets on every balcony - perfect for entertaining. Complete with 2 garage parking spaces and ideally located just steps to transit, parks, schools, hospitals, and minutes to York University, Yorkdale Mall, major highways, and more - this is one you won't want to miss!

45 Thomas Mulholland Drive Unit 1 - Townhouse photo 1 of 35 in Downsview / Black Creek, Ontario
45 Thomas Mulholland Drive Unit 1 - Townhouse photo 2 of 35 in Downsview / Black Creek, Ontario
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New Listing
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$1,039,000 - 45 Thomas Mulholland Drive Unit 1, Downsview

Townhouse for Sale in Downsview

New — Listed yesterday
4Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
W13436302
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
RE/MAX PREMIER INC.
Description

Welcome to 45 Thomas Mulholland Drive, a true showstopper where luxury, style, and convenience come together seamlessly! This stunning end-unit townhome feels like a semi and is loaded with premium upgrades throughout - from engineered flooring, heated basement floors, and an upgraded staircase with sleek metal pickets, to a redesigned kitchen layout featuring a double oven and elevated finishes. Enjoy the comfort of 4 bathrooms, a luxurious ensuite with dual vanities, and incredible outdoor living with a massive wrap-around rooftop balcony, an additional balcony off the kitchen, and gas outlets on every balcony - perfect for entertaining. Complete with 2 garage parking spaces and ideally located just steps to transit, parks, schools, hospitals, and minutes to York University, Yorkdale Mall, major highways, and more - this is one you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,595.85/mo

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5-yr fixed avg.

Principal: $831,200Interest: $547,554
Mortgage Amount$831,200
Total Interest$547,554
Est. Property Tax$736/mo
Total Cost$1,378,754

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.

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Neighbourhood Guide: Downsview / Black Creek

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

45 Thomas Mulholland Drive Unit 1, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,380/mo
Range: $2,873 - $3,887
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,380
Maintenance Fees-$0
Property Tax (est.)-$736
Insurance (est.)-$216
Net Cash Flow+$2,428

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $520/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Downsview's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downsview. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 $4,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    45 Thomas Mulholland Drive Un… — $1,039,000 | Battaglia Team