E37-288 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13483188

$609,000
For Sale
Listed 23 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

This gorgeous, fully updated 2-story open-concept condo features 2 spacious bedrooms, 2 full bathrooms, and an effortless blend of modern elegance and unmatched daily convenience. The bright and airy layout flows seamlessly out to an expansive private balcony, where you can enjoy breathtaking panoramic views of the lush golf course greens, spectacular nightly sunsets, and a clear view of the iconic CN Tower. Designed for ultimate accessibility, you are located a mere 14 steps from the elevator and just 14 steps from your included parking spot, with the added luxury of an ultra-convenient in-unit storage locker. This turnkey home truly has it all, including access to a full suite of premium building amenities, a fantastic selection of top-tier neighborhood schools, and bustling shopping centers right at your doorstep-putting absolutely everything you need just minutes away!

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
W13483188
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Burnhamthorpe Road & Mill Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,277/mo
Exposure
West
Property tax
$2,853 / 2025
Days on market
23
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Living RoomMain3.61 × 5.95 m
BedroomSecond3.31 × 5.71 m
LockerSecond2.56 × 1.42 m
Dining RoomMain2.32 × 4.55 m
KitchenMain2.32 × 3.64 m
BathroomSecond2.32 × 1.80 m

3 Pc Bath

BedroomSecond4.54 × 2.59 m
BathroomSecond1.55 × 2.31 m

4 Pc Bath

FoyerLower1.91 × 2.08 m
Moe’s TakeTeam Asgarian · Broker
In line
$871Kest. value

Listed at $609,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

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

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $666K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $600K
  • Size difference +$115K
  • Adjusts to $715K

That comparable adjusts to $715K; the $871K estimate above is the median of all 6 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. Mill Rd at Markland Dr North Side - Silverthorne C.I. is about a 2-minute walk away.

List price
$564KGreat deal$1.03MOverpriced

Total price vs nearby homes. Fair value about $871K, median of 6 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.

  • Open-concept layout: modern, sought-after flow.
  • Elevator: rare and valuable for accessibility and resale.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.13Mavg asking

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

PH16-1070 Sheppard Avenue$600kPH27-500 Richmond St Street$1.18MPH27-500 Richmond St Street$1.18M412-55A Avenue Road$1.57M

The 4 closest active listings nearby.

See all comparable homes
609kThis home600k1.18M1.18M1.57MThis home vs active comparables
Live market pulseActive comparables in Markland Wood · median list $599K
$554this home / sqft
16active listings nearby
23days on market

This home lists 16% above the area average of $479/sqft.

On the market now.

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.

Getting around

59/ 100

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: Mill Rd at Markland Dr North Side - Silverthorne C.I., about 127 m away

20+ transit stops1 grocery20+ dining20+ parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Islington-City Centre West
$528K
Mimico
$800K
Waterfront Communities C1
$672K
Annex
$1.57M
Church-Yonge Corridor
$590K

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
$2,776/mo
$141KIncome needed
4.3×Price ÷ income
$641Weekly 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.

65%mortgage
Mortgage $2,776Property tax $238Condo fee $1,277Total carry $4,290

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,600per month

Mortgage amount $487,200 · 4.14% over 25 years

$121,800Down payment (20.0%)
$487,200Loan before insurance
$0CMHC premium
$4,115Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,600
Property tax
$238
Condo / maintenance fees
$1,277
Heating
$0
Estimated monthly cost
$4,115

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

One-time closing costs

Ontario land transfer tax
$8,655
Toronto municipal land transfer tax
$8,655
Estimated closing costs
$17,310

Plus your down payment of $121,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,158/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

$292,764Total interest paid
$779,964Total of all payments
Principal $487,200 Interest $292,764
YearPrincipalInterestBalance
1$11,413$19,785$475,787
2$11,891$19,308$463,896
3$12,388$18,810$451,508
4$12,906$18,292$438,601
5$13,446$17,752$425,155
6$14,009$17,190$411,146
7$14,595$16,604$396,552
8$15,205$15,993$381,347
9$15,841$15,357$365,505
10$16,504$14,695$349,002
11$17,194$14,005$331,808
12$17,913$13,285$313,894
13$18,663$12,536$295,232
14$19,443$11,755$275,789
15$20,256$10,942$255,532
16$21,104$10,095$234,429
17$21,986$9,212$212,442
18$22,906$8,292$189,536
19$23,864$7,334$165,672
20$24,862$6,336$140,809
21$25,902$5,296$114,907
22$26,986$4,213$87,921
23$28,115$3,084$59,806
24$29,291$1,908$30,516
25$30,516$683$0

At the end of your 5-year term

Total paid over the term
$155,993
Principal paid down
$62,045
Interest paid
$93,948
Balance remaining
$425,155

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$3,400/mo
$40,800Gross annual rent
2.9%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.

6.7%
Gross yield
− Property tax $2,853− Condo fees $15,321− Insurance $600− Vacancy & upkeep $4,488Net operating income $17,538

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.

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