G14-288 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13422776

$585,000
For Sale
Listed 45 days ago
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3Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft

About this home

"RESORT STYLE LIVING IN 'THE MASTERS" This Unique 2 - Storey GROUND FLOOR, 3-Bedroom, 2.5-Bath, End-Unit Suite offers a rare layout. West-facing views of beautifully landscaped gardens and backs onto Markland Wood Golf & Country Club. Freshly painted in a neutral palette, awaiting your preference of colour! Enjoy your own Private Terrace ---perfect for relaxing or gardening. Inside, several standout features: 2-level laundry & storage room with lots of potential; a deep main floor closet ideal for storing luggage/seasonal items. An additional main floor room off the Kitchen - use as an office or study/homework room . The Primary Bedroom has a walk-in closest; 4-pcs Bath; and a Private Balcony with a great Westerly View of the Beautifully landscaped grounds. Plus 2 other Bedrooms and another 4-piece Main Bathroom along with the 2-pcs Powder Room on the Ground Floor. The Masters is set on 11 Acres of Beautifully maintained grounds with both indoor and outdoor pools-with a tanning deck; tennis/pickleball courts; gym. Our NEWLY REMODELED CLUB HOUSE is just the start of all the NEW UPGRADES happening throughout THE MASTERS right NOW. It is an exciting time with our new renewal process that is presently being implemented.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
W13422776
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
BURNHAMTHORPE/MILL RD
Parking
1 garage (underground)
Basement
None
Heating
Other
A/C
Wall Unit(s)
Exterior
Concrete Poured
Maintenance
$1,699/mo
Exposure
West
Property tax
$3,356 / 2025
Days on market
45
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

FoyerIn Between0.00 × 0.00 m

Parquet

Living RoomGround6.11 × 4.27 m

broadloom · w/o to terrace · overlooks garden

Our TakeTeam Asgarian · Broker
In line
$762Kest. value

Listed at $585,000, and my independent estimate is within the range of comparable homes, on the lower side.

In Markland Wood lately, sellers get about 95% of asking; homes sell in ~42 days.

List price
$540KGreat deal$811KOverpriced

Total price vs nearby homes. Fair value about $762K, median of 6 comparables.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting, a premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $783K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Markland Wood, so I widened the search to the surrounding area.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Markland Wood · asking prices
$625kavg asking

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

B4-296 Mill Road$569kE8-296 Mill Road$639kA39-300 Mill Road$699k2010-820 Burnhamthorpe Road$598k210-299 Mill Road$618k

The 5 closest of 8 active listings nearby.

See all comparable homes
585kThis home569k639k699k598k618kThis home vs active comparables
Live market pulseActive comparables in Markland Wood · median list $609K
$390this home / sqft
16active listings nearby
45days on market
56sold nearby · 90 days
$522Kmedian sold price
95%of asking, on average

This home lists 20% below the area average of $487/sqft.

44 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.

Nearby neighbourhoods

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

Islington-City Centre West
$559K
Mimico
$662K
Niagara
$575K
Annex
$2.03M
Bay Street Corridor
$948K

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
$2,666/mo
$146KIncome needed
4.0×Price ÷ income
$615Weekly 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.

57%mortgage
Mortgage $2,666Property tax $280Condo fee $1,699Total carry $4,645

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,497per month

Mortgage amount $468,000 · 4.14% over 25 years

$117,000Down payment (20.0%)
$468,000Loan before insurance
$0CMHC premium
$4,476Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,497
Property tax
$280
Condo / maintenance fees
$1,699
Heating
$0
Estimated monthly cost
$4,476

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

One-time closing costs

Ontario land transfer tax
$8,175
Toronto municipal land transfer tax
$8,175
Estimated closing costs
$16,350

Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,033/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

$281,227Total interest paid
$749,227Total of all payments
Principal $468,000 Interest $281,227
YearPrincipalInterestBalance
1$10,964$19,005$457,036
2$11,422$18,547$445,614
3$11,900$18,069$433,714
4$12,398$17,571$421,316
5$12,916$17,053$408,400
6$13,457$16,512$394,943
7$14,019$15,950$380,924
8$14,606$15,363$366,318
9$15,217$14,752$351,101
10$15,853$14,116$335,248
11$16,516$13,453$318,732
12$17,207$12,762$301,524
13$17,927$12,042$283,597
14$18,677$11,292$264,920
15$19,458$10,511$245,462
16$20,272$9,697$225,190
17$21,120$8,849$204,070
18$22,003$7,966$182,067
19$22,924$7,045$159,143
20$23,883$6,086$135,260
21$24,882$5,087$110,379
22$25,922$4,047$84,456
23$27,007$2,962$57,450
24$28,136$1,833$29,313
25$29,313$656$0

At the end of your 5-year term

Total paid over the term
$149,845
Principal paid down
$59,600
Interest paid
$90,245
Balance remaining
$408,400

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$4,750/mo
$57,000Gross annual rent
4.5%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.

9.7%
Gross yield
− Property tax $3,356− Condo fees $20,390− Insurance $600− Vacancy & upkeep $6,270Net operating income $26,384

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.

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