306-299 Mill Road, Toronto, ON
Markland Wood, Toronto · MLS® W13448618
About this home
Welcome to Suite 306 at Magnificent 'Millgate Manor' ! This lovingly updated Condo Apartment offers you an Open Living and Dining Room area with a Walk-out to a large Balcony to enjoy those Beautiful Summer morning Sunrises! You'll also love cooking a little, or a lot, in your comfortable, Custom-designed Kitchen. Your Spacious Primary Bedroom offers a wonderfully large Walk-in Closet plus a gorgeous Renovated Ensuite Bathroom with over-size Shower! There is a second Generous-size Bedroom, a 2nd Beautifully Renovated +piece Bathroom, plus a good-size Den that you can easily convert to a Third Bedroom. Rich Laminate Floors, an In-suite Laundry Space, a Large In-suite Storage locker Room, plus Underground Parking! The Numerous Amenities include an Indoor & Outdoor Pool, Tennis & Pickle Ball Court, a fully-equipped Gym, Party Room, Visitor Parking & much more! Fees include all your Utilities plus Rogers X6nity TV & Unlimited Internet. Just Minutes to Shopping, Schools, Parks, Highways & Airport with Bus at your Door! Enjoy Carefree Resort-Like Living at its Best!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13448618
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Mill Rd/Burnhamthorpe
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,433/mo
- Exposure
- East
- Property tax
- $2,547 / 2026
- Days on market
- 32
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
b/i appliances · pot lights · eat-in kitchen
Tile Floor
walk-in closet(s) · 3 pc ensuite · walk-in closet(s)
laminate · closet · window
concrete floor · east view
laminate · combined w/living · open concept
open concept · laminate · window
open concept · california shutters · w/o to balcony
Listed at $578,000, this home is about 4% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $681K, a bit higher.
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 $580K
- Adjusts to $580K
That comparable adjusts to $580K; the $599K estimate above is the median of all 5 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Burnhamthorpe Rd At Mill Rd is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $599K, median of 5 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 13% below the area average of $512/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Markland Wood, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Burnhamthorpe Rd At Mill Rd, about 195 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $462,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,468
- Property tax
- $212
- Condo / maintenance fees
- $1,433
- Heating
- $0
- Estimated monthly cost
- $4,113
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,035
- Toronto municipal land transfer tax
- $8,035
- Estimated closing costs
- $16,070
Plus your down payment of $115,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $148,052
- Principal paid down
- $58,887
- Interest paid
- $89,166
- Balance remaining
- $403,513
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.