A39-300 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13503698

$699,000
For Sale
Listed 17 days ago
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3Bedrooms
3Bathrooms
1Garage
1600-1799Sq Ft

About this home

Welcome to The Masters, Markland Wood's Highly Sought-After Resort-Style Community! This beautifully updated 3-bedroom, 3-bathroom corner suite offers over 1,700 sq. ft. of living space across a unique up-split layout that feels more like a detached home. Enjoy private west-facing views and an open-concept design, perfect for entertaining. Highlights include: Two large balconies (BBQs allowed), Three fully renovated bathrooms, Crown moulding in both the living and dining rooms, Separate laundry room with storage plus custom shelving throughout. Residents enjoy resort-style amenities: indoor & outdoor pools, gym, tennis courts, playgrounds, private gardens, indoor basketball court, golf driving range, and more. Conveniently located close to TTC, Mississauga Transit, shops, schools, and major highways.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13503698
Bedrooms
3
Bathrooms
3 (1 half)
Size
1600-1799
Cross streets
Burnhamthorpe/Mill
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,995/mo
Exposure
West
Property tax
$3,672 / 2025
Days on market
17
Listing brokerage
TRUSTWELL REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$786Kest. value

Listed at $699,000, this home is about 11% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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 $924K, 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
  • Size difference +$181K
  • Bathrooms +$15K
  • Adjusts to $776K

That comparable adjusts to $776K; the $786K 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. Burnhamthorpe Rd At Mill Rd is about a 1-minute walk away.

List price
$699KGreat deal$836KOverpriced

Total price vs nearby homes. Fair value about $786K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.76Mavg asking

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

701-100 Canyon Avenue$595k802-10 Bellair Street$2.50M1305-39 Queens Quay$2.20M

The 3 closest active listings nearby.

See all comparable homes
699kThis home595k2.50M2.20MThis home vs active comparables
Live market pulseActive comparables in Markland Wood · median list $599K
$411this home / sqft
7active listings nearby
17days on market

This home lists 17% below the area average of $495/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

62/ 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: Burnhamthorpe Rd At Mill Rd, about 73 m away

20+ transit stops2 grocery17 dining20+ parks3 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
Niagara
$718K
Waterfront Communities C1
$672K
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 · 0.8 km awayBelow the GTA average · 65% meet the provincial standard
Seneca SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,186/mo
$172KIncome needed
4.1×Price ÷ income
$735Weekly 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.

58%mortgage
Mortgage $3,186Property tax $306Condo fee $1,995Total carry $5,487

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)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$5,285Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$306
Condo / maintenance fees
$1,995
Heating
$0
Estimated monthly cost
$5,285

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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$5,450/mo
$65,400Gross annual rent
4.3%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.

9.4%
Gross yield
− Property tax $3,672− Condo fees $23,936− Insurance $600− Vacancy & upkeep $7,194Net operating income $29,997

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

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