$860,000 - 60 Thomas Mulholland Drive Unit 3, Downsview
Townhouse for Sale in Downsview
43 days on market- MLS Number
- W13093958
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 43
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downsview / Black Creek
- Listing Brokerage
- THE OTHER GUYS REALTY CORP.
Modern 3+1 bedroom upgraded freehold townhouse by Mattamy Homes in the family-oriented Downview Park Community, steps away from one of Toronto's largest urban parks. Bright with large windows and 9-foot ceilings. The open-concept layout fills with natural light throughout. Features a sleek kitchen with quartz countertops, stainless steel appliances, extra custom cabinetry for additional storage and a large island-perfect for everyday living and entertaining. Check out the Custom built-in TV unit and other custom built-ins throughout the home. Check out the carpet-free floors, stained oak staircases, and a walk-out to a private balcony that add to the home's appeal for family and entertaining guests. 2 expansive rooftop terraces provide extra private outdoor space for summer lounging with breathtaking unobstructed views of Downsview Park. Direct private garage access with remote operation walks into to a finished rec room which can also be used as a 4th bedroom, home office, or guest suite. The entire third floor is dedicated to a luxurious primary retreat, complete with a large closet and upgraded 5-piece ensuite. Thoughtfully designed with 3+1 bedrooms and 3 bathrooms for comfortable family living. Located steps to 300-acre Downsview Park, TTC, subway, GO Transit, shopping, schools, and major highways. Designated Visitor Parking for guests staying overnight. A great opportunity to own a move-in-ready home in a vibrant, growing and family-oriented neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$4,412.25/mo
Includes CMHC insurance ($23,994)
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.
60 Thomas Mulholland Drive Unit 3, 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 $573/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 43 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.
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 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 $3,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.