112-420 Mill Road, Toronto, ON

Eringate-Centennial-West Deane, Toronto · MLS® W13562276

$570,000
For Sale
Listed 3 days ago
2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

**First Time Offered in Nearly 20 Years**Some homes simply don't come along very often. Welcome to one of the most desirable residences at **420 Mill Road**, a beautifully renovated move-in-ready suite in one of Etobicoke's most sought-after condominium communities. Offered for the first time in nearly two decades, this rare main-floor unit provides the convenience of stair-free living. No elevator required to get home, making everyday life effortless for all ages. Lovingly maintained and thoughtfully updated throughout, this bright and spacious home features rich hardwood flooring, custom built-in cabinetry, and quality renovations designed with both style and function in mind. Every room reflects pride of ownership, creating a home that is as inviting as it is practical. Simply unpack and enjoy. Beyond your front door, you'll discover why this community has earned such a loyal following. Surrounded by 8 acres of mature trees and backing onto a picturesque ravine, the setting offers a peaceful retreat while remaining just minutes from every urban convenience. Residents enjoy exclusive access to private tennis courts, an outdoor swimming pool, beautifully maintained gardens, a private park, and walking trails that wind through the neighbourhood's green space. Located in the heart of Etobicoke, you're just moments from Centennial Park, the Etobicoke Creek Trail, Markland Wood Golf Club, excellent shopping, restaurants, transit, and quick access to major highways, making commuting throughout the GTA remarkably convenient while still coming home to a quiet, nature-filled setting. Complete with one underground parking space, a private storage locker, and the exceptional value of all utilities included in the condominium fees, this is a rare opportunity to own a meticulously cared-for home in a building where residents tend to stay for years. Homes like this don't come up often. Enjoy your tour.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13562276
Bedrooms
2
Bathrooms
1
Size
800-899
Cross streets
Burnhamthorpe Rd & Mill Rd
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Concrete
Foundation
Concrete
Maintenance
$811/mo
Exposure
South
Property tax
$1,749 / 2026
Days on market
3
Listing brokerage
RE/MAX PROFESSIONALS INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$652Kest. value

Listed at $570,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($671/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Eringate-Centennial-West Deane, so I widened the search to the surrounding area.

Based on 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $342K, lower than the comparables and worth a second look.

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 $838K
  • Bathrooms −$15K
  • Adjusts to $823K

That comparable adjusts to $823K; the $652K estimate above is the median of all 23 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 Rathburn Rd Loop is about a 2-minute walk away.

List price
$570KGreat deal$734KOverpriced

Total price vs nearby homes. Fair value about $652K, median of 23 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Elevator: rare and valuable for accessibility and resale.
  • Worth verifying
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$551kavg asking

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

1606-75 Queens Wharf Road$559k406-800 Lawrence Avenue$549k1412-205 Sherway Gardens Road$549k1401-530 St Clair Avenue$629k907-195 wynford Drive$469k

The 5 closest of 8 active listings nearby.

See all comparable homes
570kThis home559k549k549k629k469kThis home vs active comparables
Live market pulseActive comparables in Eringate-Centennial-West Deane · median list $545K
$671this home / sqft
5active listings nearby
3days on market

This home lists 40% above the area average of $480/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

Eringate-Centennial-West Deane, 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

57/ 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 Rathburn Rd Loop, about 166 m away

20+ transit stops2 grocery20+ dining20+ parks2 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 Silverthorn Collegiate Institute
68%
Silverthorn Collegiate InstitutePublic · Secondary · 1.0 km awayBelow the GTA average · 68% meet the provincial standard
Seneca SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,598/mo
$122KIncome needed
4.7×Price ÷ income
$600Weekly 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.

73%mortgage
Mortgage $2,598Property tax $146Condo fee $811Total carry $3,555

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)
$2,433per month

Mortgage amount $456,000 · 4.14% over 25 years

$114,000Down payment (20.0%)
$456,000Loan before insurance
$0CMHC premium
$3,390Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$146
Condo / maintenance fees
$811
Heating
$0
Estimated monthly cost
$3,390

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

One-time closing costs

Ontario land transfer tax
$7,875
Toronto municipal land transfer tax
$7,875
Estimated closing costs
$15,750

Plus your down payment of $114,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,956/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

$274,016Total interest paid
$730,016Total of all payments
Principal $456,000 Interest $274,016
YearPrincipalInterestBalance
1$10,683$18,518$445,317
2$11,129$18,071$434,188
3$11,595$17,606$422,593
4$12,080$17,121$410,513
5$12,585$16,615$397,928
6$13,112$16,089$384,817
7$13,660$15,541$371,157
8$14,231$14,969$356,925
9$14,827$14,374$342,099
10$15,447$13,754$326,652
11$16,093$13,108$310,559
12$16,766$12,435$293,793
13$17,467$11,733$276,325
14$18,198$11,003$258,127
15$18,959$10,241$239,168
16$19,752$9,448$219,416
17$20,578$8,622$198,838
18$21,439$7,761$177,398
19$22,336$6,865$155,062
20$23,270$5,930$131,792
21$24,244$4,957$107,548
22$25,258$3,943$82,291
23$26,314$2,886$55,976
24$27,415$1,786$28,562
25$28,562$639$0

At the end of your 5-year term

Total paid over the term
$146,003
Principal paid down
$58,072
Interest paid
$87,931
Balance remaining
$397,928

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$2,700/mo
$32,400Gross 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.

5.7%
Gross yield
− Property tax $1,749− Condo fees $9,737− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,750

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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