385 Markland Drive, Toronto, ON

Markland Wood, Toronto · MLS® W12983450

$1,925,000
For Sale
Listed 98 days ago
3Bedrooms
3Bathrooms
2Garage · 4 parking
1500-2000Sq Ft

About this home

A rare opportunity to own one of Markland Wood's most coveted golf course properties. Offered for the first time in a generation, this beautifully renovated residence with double-car garage backs directly onto Markland Wood Golf Course, overlooking the 13th hole and enjoying breathtaking year-round views. Nestled within one of Etobicoke's most sought-after communities, this exceptional home offers privacy, natural beauty, and sophisticated living. Sun-filled interiors feature expansive windows and sliding doors that capture stunning golf course vistas throughout. Designed for space, comfort, and flexibility, the executive-style floor plan offers generously proportioned principal rooms ideal for everyday living and entertaining. The sunken family room overlooks the fairway - Enjoy your morning coffee while watching deer on the course, while the designer chef's kitchen showcases top-of-the-line appliances, custom cabinetry, built-ins, and abundant storage. Gleaming hardwood floors, crown moulding, and quality craftsmanship are evident throughout. Thoughtfully reconfigured for today's lifestyle, the home features a substantial executive office and versatile living spaces. The spacious primary retreat provides a private sanctuary. Professionally landscaped gardens feature a full irrigation system, natural gas BBQ hookup, and exterior lighting. Located within the catchment area for highly regarded schools including Millwood Junior School, Bloordale Middle School, and Silverthorn Collegiate Institute. Markland Wood is renowned for its mature trees, parks, trails, and strong sense of community. Steps to golf, Centennial Park, playgrounds, and walking paths, with convenient access to TTC, MiWay, Kipling Station, Pearson Airport, and major highways. Close to Fairgrounds Public Racket Club, Sherway Gardens, shopping, restaurants, cafés, grocery stores, and everyday amenities. A rare opportunity to own a true sanctuary in one of Etobicoke's most prestigious communities.

Key facts

Property type
Detached, Backsplit 4
MLS®
W12983450
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
60.56 × 119.47 ft
Cross streets
Bloor St W & Markland Dr
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Shingles
Sewer
Sewer
Property tax
$8,649 / 2025
Days on market
98
Listing brokerage
Signature Elite Realty Ltd.

Rooms

BreakfastGround3.27 × 2.66 m

combined w/kitchen · overlook golf course · w/o to patio

Dining RoomMain5.36 × 4.06 m

combined w/living · hardwood floor · window

BedroomLower4.17 × 6.03 m

california shutters · above grade window · broadloom

Bedroom 2Upper3.13 × 4.60 m

hardwood floor · california shutters

OfficeMain2.33 × 5.31 m

hardwood floor · window · separate room

Family RoomGround4.27 × 4.07 m

w/o to patio · gas fireplace · overlook golf course

Living RoomMain5.13 × 4.65 m

hardwood floor · large window · open concept

KitchenGround3.28 × 5.36 m

hardwood floor · open concept · breakfast area

Primary BedroomUpper4.31 × 5.16 m

hardwood floor · california shutters · 4 pc ensuite

LaundryLower3.08 × 6.98 m

separate room · above grade window

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.55Mest. value

Listed at $1,925,000, this home is tracking about 24% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.02M, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.60M
  • Adjusts to $1.60M

That comparable adjusts to $1.60M; the $1.55M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Silverthorn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bloor St West at Forest View Rd East Side is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.20MGreat deal$1.93MOverpriced

Total price vs nearby homes. Fair value about $1.55M, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Markland Wood · asking prices
$1.34Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

7 Cherry Post Crescent$1.68M37 Sunplains Crescent$1.20M254 The West Mall$1.14M

The 3 closest active listings nearby.

See all comparable homes
1.93MThis home1.68M1.20M1.14MThis home vs active comparables
Live market pulseActive comparables in Markland Wood · median list $1.50M
$1,100this home / sqft
8active listings nearby
98days on market

This home lists 24% above the area average of $887/sqft.

97 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Markland Wood, 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.

Getting around

71/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bloor St West at Forest View Rd East Side, about 309 m away

20+ transit stops5 grocery20+ dining14 parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alderwood
$998K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M

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 Millwood Junior School
65%
Millwood Junior SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 65% meet the provincial standard
Seneca SchoolEQAO results not published

Affordability & Mortgage

Affordability
$8,774/mo
$360KIncome needed
5.4×Price ÷ income
$2,025Weekly cost
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.

92%mortgage
Mortgage $8,774Property tax $721Total carry $9,494

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,218per month

Mortgage amount $1,540,000 · 4.14% over 25 years

$385,000Down payment (20.0%)
$1,540,000Loan before insurance
$0CMHC premium
$8,939Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,218
Property tax
$721
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,939

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

One-time closing costs

Ontario land transfer tax
$34,975
Toronto municipal land transfer tax
$34,975
Estimated closing costs
$69,950

Plus your down payment of $385,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,982/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

$925,403Total interest paid
$2,465,403Total of all payments
Principal $1,540,000 Interest $925,403
YearPrincipalInterestBalance
1$36,077$62,539$1,503,923
2$37,586$61,030$1,466,337
3$39,158$59,458$1,427,179
4$40,796$57,820$1,386,383
5$42,502$56,114$1,343,881
6$44,280$54,336$1,299,600
7$46,132$52,484$1,253,468
8$48,062$50,554$1,205,406
9$50,072$48,544$1,155,333
10$52,167$46,449$1,103,166
11$54,349$44,267$1,048,818
12$56,622$41,994$992,195
13$58,991$39,625$933,204
14$61,458$37,158$871,746
15$64,029$34,587$807,717
16$66,707$31,909$741,010
17$69,497$29,119$671,513
18$72,404$26,212$599,108
19$75,433$23,183$523,675
20$78,588$20,028$445,087
21$81,875$16,741$363,212
22$85,300$13,316$277,912
23$88,868$9,748$189,043
24$92,585$6,031$96,458
25$96,458$2,158$0

At the end of your 5-year term

Total paid over the term
$493,081
Principal paid down
$196,119
Interest paid
$296,961
Balance remaining
$1,343,881

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
Estimate$3,150/mo
$37,800Gross annual rent
1.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.0%
Gross yield
− Property tax $8,649− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,593

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Signature Elite Realty Ltd.. MLS®/PropTx.

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