PH 8-284 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13249652

$648,888
For Sale
Listed 136 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Panoramic golf course view in a stunning penthouse suite.
  • Located in the heart of Etobicoke's prestigious Markland Wood community, this spacious 2-bedroom, 2-bath down-split condo offers the perfect blend of luxury, comfort...
  • Designed for modern living and effortless entertaining, the upper level features open-concept living and dining areas that walk out to a private balcony with...
  • The lower level offers two generously sized bedrooms, including a sun-filled second bedroom and a primary suite with walk-in closet and 3-piece ensuite, all finished...
  • Set on 11 acres of beautifully landscaped grounds with a Japanese garden and walking paths, this is a rare opportunity to own a piece of paradise in one of...

Panoramic golf course view in a stunning penthouse suite! Located in the heart of Etobicoke's prestigious Markland Wood community, this spacious 2-bedroom, 2-bath down-split condo offers the perfect blend of luxury, comfort, and lifestyle. Designed for modern living and effortless entertaining, the upper level features open-concept living and dining areas that walk out to a private balcony with breathtaking sunset views over the Markland Wood Golf Course ideal for summer BBQs. The lower level offers two generously sized bedrooms, including a sun-filled second bedroom and a primary suite with walk-in closet and 3-piece ensuite, all finished with warm parquet flooring. This award-winning building delivers a true resort experience with top-tier amenities: indoor and outdoor saltwater pools, sauna, clubhouse with games room, squash and basketball courts, a fully equipped gym, library, woodworking room, car wash, and three tennis courts. Set on 11 acres of beautifully landscaped grounds with a Japanese garden and walking paths, this is a rare opportunity to own a piece of paradise in one of Etobicoke's most desirable neighbourhoods.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
W13249652
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Mill Rd & Burnhamthorpe
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Concrete
Maintenance
$1,182/mo
Exposure
West
Property tax
$2,873 / 2025
Days on market
136
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Primary BedroomLower4.98 × 3.51 m

large window · walk-in closet(s) · 3 pc ensuite

Dining RoomUpper3.35 × 2.44 m

combined w/living · w/o to balcony · open concept

Utility RoomLower2.51 × 1.02 m

Finished

KitchenUpper4.88 × 2.44 m

vinyl floor · galley kitchen

Bedroom 2Lower4.42 × 2.44 m

parquet · large window · closet

Living RoomUpper5.79 × 3.58 m

w/o to balcony · combined w/dining · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Markland Wood · asking prices
$673kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $439/sqft; this home lists at $499/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
649kThis home530k649k630k882kThis home vs active comparables

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.

Nearby neighbourhoods

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

Little Portugal
$549K
Niagara
$687K
Kensington-Chinatown
$600K
Annex
$1.03M
Waterfront Communities C1
$713K

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
Also nearby: 11 more schools within 2.5 km
Mill Valley Junior School · Public elementary0.8 km · 90% at standard
Bloordale Middle School · Public elementary0.9 km · 69% at standard
Eatonville Junior School · Public elementary1.3 km · 75% at standard
Broadacres Junior Public School · Public elementary1.4 km · 55% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.9 km · 68% at standard
St Elizabeth Catholic School · Catholic elementary2.0 km · 82% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.1 km
Hollycrest Middle School · Public elementary2.1 km · 75% at standard
Wellesworth Junior School · Public elementary2.2 km · 58% at standard
Bloorlea Middle School · Public elementary2.2 km · 70% at standard
West Glen Junior School · Public elementary2.2 km · 57% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,957/mo
$146KIncome needed
4.5×Price ÷ income
$682Weekly cost
$18,906Land transfer tax, one-time (Ontario + Toronto)
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.

68%mortgage
Mortgage $2,957Property tax $239Condo fee $1,182Total carry $4,379

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,870per month

Mortgage amount $519,110 · 4.49% over 25 years

$129,778Down payment (20.0%)
$519,110Loan before insurance
$0CMHC premium
$4,292Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,870
Property tax
$239
Condo / maintenance fees
$1,182
Heating
$0
Estimated monthly cost
$4,292

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

One-time closing costs

Ontario land transfer tax
$9,453
Toronto municipal land transfer tax
$9,453
Estimated closing costs
$18,906

Plus your down payment of $129,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,474/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

$341,965Total interest paid
$861,075Total of all payments
Principal $519,110 Interest $341,965
YearPrincipalInterestBalance
1$11,584$22,859$507,526
2$12,110$22,333$495,416
3$12,660$21,783$482,756
4$13,235$21,208$469,521
5$13,836$20,607$455,685
6$14,464$19,979$441,221
7$15,121$19,322$426,100
8$15,807$18,636$410,292
9$16,525$17,918$393,767
10$17,275$17,168$376,492
11$18,060$16,383$358,432
12$18,880$15,563$339,552
13$19,737$14,706$319,815
14$20,633$13,810$299,182
15$21,570$12,873$277,612
16$22,549$11,894$255,063
17$23,573$10,870$231,490
18$24,643$9,800$206,846
19$25,762$8,681$181,084
20$26,932$7,511$154,152
21$28,155$6,288$125,997
22$29,433$5,010$96,564
23$30,770$3,673$65,794
24$32,167$2,276$33,627
25$33,627$816$0

At the end of your 5-year term

Total paid over the term
$172,215
Principal paid down
$63,426
Interest paid
$108,789
Balance remaining
$455,685

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$4,100/mo
$49,200Gross annual rent
4.0%Cap rate after taxes and upkeep

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.

7.6%
Gross yield
− Property tax $2,873− Condo fees $14,184− Insurance $600− Vacancy & upkeep $5,412Net operating income $26,131

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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