E8-296 Mill Road, Toronto, ON
Markland Wood, Toronto · MLS® W13451420
About this home
Resort-style living with stunning sunset views over Markland Wood Golf Course. This multi-level 1700 sq ft unit has big windows, lots of privacy, many closets/storage areas, and 3 bedrooms, great for downsizers, families with kids and grandkids, or those working-from-home. The main level includes a well-laid out kitchen with loads of counter and cupboard space and a convenient pass-through to the dining room, adjacent to the large west-facing balcony and bright spacious living room, plus 2 roomy closets and a powder room. Upstairs: primary bedroom with generous walk-in closet + ensuite bathroom, 2 more bedrooms with big closets, large bathroom with full-size tub, dedicated laundry room, big storage room, and plenty of privacy. Oak parquet flooring throughout has been freshly refinished, stained and sealed, and all walls are newly "white dove" - ready for your art, family photos and personal touches. The Masters is 94% owner-occupied, and sits on 11 acres of beautifully landscaped grounds and gardens, with mature pine trees, children's playground, 3 tennis / pickleball courts, outdoor pool, paved footpath to Japanese Garden and pond, benches, and a pair of peregrine falcons who have been nesting in this paradise for more than 7 years! The monthly maintenance fees include all this, (and 2 parking spots for this unit), plus an indoor pool, sauna, squash / basketball courts, fitness centre, hobby rooms, newly renovated clubhouse-lounge, party room, cable, insurance, water, heat, a/c, electricity, indoor car wash, 24 hour security, and more. From Aug 1, high speed 1.5 GB Bell Fibre Optic internet and cable with over 300 channels will also be included in the common elements fee, and available to all residents at no extra charge. Enjoy the luxuries of freehold living in this welcoming and active community, close to walking/biking trails, shopping, highways, transit, the airport, schools, and places of worship, in this highly desirable Etobicoke location.
Key facts
- Property type
- Condo Apartment, Multi-Level
- MLS®
- W13451420
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1600-1799
- Cross streets
- Burnhamthorpe Rd & Mill Rd
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Baseboard
- A/C
- Wall Unit(s)
- Exterior
- Concrete
- Maintenance
- $2,028/mo
- Exposure
- West
- Property tax
- $3,695 / 2025
- Days on market
- 31
- Listing brokerage
- Signature Elite Realty Ltd.
Rooms
walk-in closet(s) · hardwood floor · large window
separate room · tile floor
4 pc ensuite · walk-in closet(s) · large window
tile floor · pass through · backsplash
double closet · hardwood floor · large window
window · hardwood floor · separate room
w/o to balcony · open concept · hardwood floor
Listed at $639,000, this home is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $836K, a close match.
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 $699K
- Adjusts to $699K
That comparable adjusts to $699K; the $772K estimate above is the median of all 14 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 $772K, median of 14 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- 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 8 active listings nearby.
See all comparable homesThis home lists 23% below the area average of $490/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 138 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 $511,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,728
- Property tax
- $308
- Condo / maintenance fees
- $2,028
- Heating
- $0
- Estimated monthly cost
- $5,064
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,255
- Toronto municipal land transfer tax
- $9,255
- Estimated closing costs
- $18,510
Plus your down payment of $127,800. 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
- $163,677
- Principal paid down
- $65,101
- Interest paid
- $98,576
- Balance remaining
- $446,099
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 Signature Elite Realty Ltd.. MLS®/PropTx.