705-299 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13440616

$749,900
For Sale
Listed 128 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Millgate Manor, ideally located in the highly sought-after, family-friendly Markland Wood community.
  • This spacious three-bedroom, two full-bathroom suite has been completely renovated from top to bottom with luxury features.
  • The thoughtfully designed layout features a generous open-concept living and dining area-perfect for entertaining or relaxing with family.

Welcome to Millgate Manor, ideally located in the highly sought-after, family-friendly Markland Wood community. This spacious three-bedroom, two full-bathroom suite has been completely renovated from top to bottom with luxury features. The thoughtfully designed layout features a generous open-concept living and dining area-perfect for entertaining or relaxing with family. Large windows invite in abundant natural light, while two expansive balconies provide wonderful outdoor living space. Enjoy direct walk-outs from both the living room and the primary bedroom, creating a seamless indoor-outdoor connection. Additional highlights include a sizeable in-suite locker for convenient storage and one underground parking space. Millgate Manor residents enjoy an impressive array of amenities, including indoor and outdoor swimming pools, tennis courts, squash court, sauna, fully equipped fitness centre, party/meeting room, car wash area, putting green in rec centre, and beautifully maintained grounds. An excellent opportunity to own in one of Etobicoke's most established and desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13440616
Bedrooms
3
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Burnhamthorpe Rd & Mill Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,400/mo
Exposure
North East
Property tax
$2,428 / 2025
Days on market
128
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

KitchenFlat2.29 × 2.06 m

backsplash · laminate · b/i appliances

BreakfastFlat2.12 × 1.83 m

mirrored walls · laminate

Bedroom 3Flat3.85 × 3.00 m

laminate · closet · window

Living RoomFlat8.62 × 3.49 m

laminate · combined w/dining · w/o to balcony

Primary BedroomFlat4.60 × 3.36 m

laminate · 4 pc ensuite · w/o to balcony

Bedroom 2Flat4.16 × 2.87 m

laminate · closet · window

Dining RoomFlat8.62 × 3.49 m

laminate · mirrored walls · combined w/living

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.

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.

Dovercourt-Wallace Emerson-Junction
$640K
Little Portugal
$549K
Niagara
$727K
Kensington-Chinatown
$585K
Waterfront Communities C1
$625K

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 · 0.7 km awayBelow the GTA average · 65% meet the provincial standard
Seneca SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Mill Valley Junior School · Public elementary0.8 km · 90% at standard
Bloordale Middle School · Public elementary0.8 km · 69% at standard
Eatonville Junior School · Public elementary1.3 km · 75% at standard
Broadacres Junior Public School · Public elementary1.3 km · 55% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.8 km · 68% at standard
Hollycrest Middle School · Public elementary2.0 km · 75% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.0 km
St Elizabeth Catholic School · Catholic elementary2.0 km · 82% at standard
Wellesworth Junior School · Public elementary2.1 km · 58% at standard
West Glen Junior School · Public elementary2.2 km · 57% at standard
Bloorlea Middle School · Public elementary2.2 km · 70% at standard
Michael Power/St Joseph High School · Catholic secondary2.4 km · 78% at standard

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

Affordability & Mortgage

Affordability
$3,418/mo
$166KIncome needed
4.5×Price ÷ income
$789Weekly cost
$22,946Land 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 $3,418Property tax $202Condo fee $1,400Total carry $5,020

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)
$3,317per month

Mortgage amount $599,920 · 4.49% over 25 years

$149,980Down payment (20.0%)
$599,920Loan before insurance
$0CMHC premium
$4,919Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,317
Property tax
$202
Condo / maintenance fees
$1,400
Heating
$0
Estimated monthly cost
$4,919

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

One-time closing costs

Ontario land transfer tax
$11,473
Toronto municipal land transfer tax
$11,473
Estimated closing costs
$22,946

Plus your down payment of $149,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,015/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

$395,198Total interest paid
$995,118Total of all payments
Principal $599,920 Interest $395,198
YearPrincipalInterestBalance
1$13,388$26,417$586,532
2$13,996$25,809$572,537
3$14,631$25,174$557,906
4$15,295$24,509$542,611
5$15,990$23,815$526,621
6$16,716$23,089$509,905
7$17,475$22,330$492,430
8$18,268$21,537$474,162
9$19,098$20,707$455,065
10$19,965$19,840$435,100
11$20,871$18,934$414,229
12$21,819$17,986$392,410
13$22,809$16,995$369,601
14$23,845$15,960$345,756
15$24,928$14,877$320,828
16$26,060$13,745$294,768
17$27,243$12,562$267,526
18$28,480$11,325$239,046
19$29,773$10,032$209,273
20$31,125$8,680$178,148
21$32,538$7,267$145,611
22$34,015$5,790$111,596
23$35,560$4,245$76,036
24$37,174$2,631$38,862
25$38,862$943$0

At the end of your 5-year term

Total paid over the term
$199,024
Principal paid down
$73,299
Interest paid
$125,724
Balance remaining
$526,621

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
3.2%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.

6.6%
Gross yield
− Property tax $2,428− Condo fees $16,794− Insurance $600− Vacancy & upkeep $5,412Net operating income $23,966

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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