50 Thomas Mulholland Drive Unit 3, Toronto W05

Price: $870,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W13513644

Welcome to this beautifully upgraded freehold 3+1 bedroom, 3-bathroom townhouse nestled in the highly desirable Downsview Park community. Thoughtfully designed with a bright, open-concept layout, this move-in-ready home offers the perfect blend of style, comfort, and functionality.The newly renovated kitchen showcases modern finishes and seamlessly flows into the spacious living and dining areas, creating an ideal space for everyday living and entertaining. Sunlight pours through oversized windows, while abundant storage and a walk-out to the private garage add everyday convenience.Retreat to the impressive primary suite featuring a generous walk-in closet and a spa-inspired 5-piece ensuite. The versatile lower level offers the flexibility of a recreation room, fourth bedroom, home office, or gym to suit your lifestyle.Outdoor living is exceptional, with two private rooftop terraces plus an additional balcony complete with a gas BBQ hookup-perfect for entertaining, relaxing, or enjoying summer evenings. Additional highlights include central vacuum and quality upgrades throughout.Ideally located just steps from TTC, the subway, Downsview Park, schools, York University, Humber River Hospital, GO Transit, Yorkdale Shopping Centre, and Highways 401 and 400, this home delivers outstanding convenience in one of Toronto's most connected and sought-after neighbourhoods.Low monthly POTL fees of just $100 include landscaping and snow removal, making this an exceptional opportunity to own a stylish, low-maintenance freehold home in a thriving community.

50 Thomas Mulholland Drive Unit 3 - Townhouse photo 1 of 49 in Downsview / Black Creek, Ontario
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New Listing
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$870,000 - 50 Thomas Mulholland Drive Unit 3, Downsview

Townhouse for Sale in Downsview

New — Listed 5 days ago

Neighbourhood: Downsview-Roding-CFB

4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W13513644
Property Type
Townhouse
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Downsview / Black Creek
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

Welcome to this beautifully upgraded freehold 3+1 bedroom, 3-bathroom townhouse nestled in the highly desirable Downsview Park community. Thoughtfully designed with a bright, open-concept layout, this move-in-ready home offers the perfect blend of style, comfort, and functionality.The newly renovated kitchen showcases modern finishes and seamlessly flows into the spacious living and dining areas, creating an ideal space for everyday living and entertaining. Sunlight pours through oversized windows, while abundant storage and a walk-out to the private garage add everyday convenience.Retreat to the impressive primary suite featuring a generous walk-in closet and a spa-inspired 5-piece ensuite. The versatile lower level offers the flexibility of a recreation room, fourth bedroom, home office, or gym to suit your lifestyle.Outdoor living is exceptional, with two private rooftop terraces plus an additional balcony complete with a gas BBQ hookup-perfect for entertaining, relaxing, or enjoying summer evenings. Additional highlights include central vacuum and quality upgrades throughout.Ideally located just steps from TTC, the subway, Downsview Park, schools, York University, Humber River Hospital, GO Transit, Yorkdale Shopping Centre, and Highways 401 and 400, this home delivers outstanding convenience in one of Toronto's most connected and sought-after neighbourhoods.Low monthly POTL fees of just $100 include landscaping and snow removal, making this an exceptional opportunity to own a stylish, low-maintenance freehold home in a thriving community.

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Estimate your monthly payments for this property

Estimated Payment

$4,463.55/mo

Includes CMHC insurance ($24,273)

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5-yr fixed avg.

Principal: $783,000Interest: $531,792
Mortgage Amount$807,273
Total Interest$531,792
Est. Property Tax$616/mo
Total Cost$1,339,065

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-Roding-CFB

Discover Downsview-Roding-CFB

Downsview-Roding-CFB 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-Roding-CFB

  • 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-Roding-CFB 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

50 Thomas Mulholland Drive Unit 3, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$616
Insurance (est.)-$181
Net Cash Flow+$2,283

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 $580/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 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.

About Downsview-Roding-CFB

I know Downsview-Roding-CFB well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    50 Thomas Mulholland Drive Unit 3 | $870,000 | Battaglia Team