A12-296 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13839230

$530,000
For Sale
Listed 20 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • This beautifully renovated 2-bedroom downsplit offers a bright, spacious floorplan with a rare combination of stunning golf course views, sunny west exposure &...
  • Step inside to a beautifully updated home featuring a bright open-concept living & dining area, spacious renovated kitchen w Ctr Island, stone counters, full-size SS...
  • Walk out to your private open balcony & enjoy peaceful views over the golf course & beautifully landscaped gardens, perfect for morning coffee, an evening sunset or...
  • The spacious primary retreat features a walk-in closet & renovated semi-ensuite bathroom, while the 2nd bedroom offers exceptional flexibility for family, guests or a...
  • Two beautifully renovated modern bathrooms add style & convenience.

Welcome to The Masters, an exceptional lifestyle community in Etobicoke's sought-after Markland Wood neighbourhood. This beautifully renovated 2-bedroom downsplit offers a bright, spacious floorplan with a rare combination of stunning golf course views, sunny west exposure & resort-style amenities. Step inside to a beautifully updated home featuring a bright open-concept living & dining area, spacious renovated kitchen w Ctr Island, stone counters, full-size SS appliances & modern cabinetry, plus light wood staircases & flooring throughout. Freshly painted & truly move-in ready, the spacious layout offers both comfortable everyday living & space for effortless entertaining in every season. Walk out to your private open balcony & enjoy peaceful views over the golf course & beautifully landscaped gardens, perfect for morning coffee, an evening sunset or summer BBQs with a view. The spacious primary retreat features a walk-in closet & renovated semi-ensuite bathroom, while the 2nd bedroom offers exceptional flexibility for family, guests or a dedicated home office. Two beautifully renovated modern bathrooms add style & convenience. Enjoy the added ease of all-inclusive maintenance fees, underground parking conveniently located steps from the elevator, ensuite laundry & abundant storage, including a rare in-suite locker w built-in shelving. Enjoy an impressive array of resort-style amenities, including indoor & outdoor pools, tennis, squash & basketball courts, fitness facilities, saunas, party rm, reno'd Clubhouse landscaped grounds & active community atmosphere w classes & social activities. Ideally located in central Etobicoke, close to major highways, TTC, Pearson Airport, Sherway Gardens, Golf courses & Centennial Park; this exceptional home offers a perfect blend of space, comfort, convenience & carefree resort-style living. Come for the views, stay for the lifestyle and welcoming feel of The Masters. You may have found home.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
W13839230
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Mill Rd & Burnhamthorpe Rd E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Concrete
Maintenance
$1,352/mo
Exposure
West
Property tax
$2,939 / 2026
Days on market
20
Listing brokerage
RE/MAX REALTRON TURNKEY REALTY

Rooms

Primary BedroomLower5.12 × 3.07 m

hardwood floor · walk-in closet(s) · 2 pc ensuite

BedroomLower5.00 × 3.03 m

hardwood floor · double closet · large window

FoyerUpper1.19 × 2.77 m

closet · overlooks living

Living RoomMain5.56 × 3.56 m

open concept · combined w/living · overlooks ravine

KitchenMain5.33 × 2.79 m

renovated · centre island · stainless steel appl

Dining RoomMain3.66 × 2.79 m

west view · overlook golf course · w/o to balcony

OtherLower3.28 × 2.64 m

tile floor · b/i shelves · separate room

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

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

Niagara
$631K
Kensington-Chinatown
$578K
Waterfront Communities C1
$662K
Mount Pleasant West
$679K
Waterfront Communities C8
$538K

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 · 0.7 km awayBelow the GTA average · 65% meet the provincial standard
Seneca SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Mill Valley Junior School · Public elementary0.7 km · 90% at standard
Bloordale Middle School · Public elementary0.9 km · 69% at standard
Eatonville Junior School · Public elementary1.4 km · 75% at standard
Broadacres Junior Public School · Public elementary1.4 km · 55% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.8 km · 68% at standard
Hollycrest Middle School · Public elementary2.0 km · 75% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.1 km
St Elizabeth Catholic School · Catholic elementary2.1 km · 82% at standard
Wellesworth Junior School · Public elementary2.1 km · 58% at standard
West Glen Junior School · Public elementary2.3 km · 57% at standard
Bloorlea Middle School · Public elementary2.3 km · 70% at standard
Michael Power/St Joseph High School · Catholic secondary2.5 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,416/mo
$129KIncome needed
4.1×Price ÷ income
$557Weekly cost
$14,150Land transfer tax, one-time (Ontario + Toronto)
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.

60%mortgage
Mortgage $2,416Property tax $245Condo fee $1,352Total carry $4,012

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,344per month

Mortgage amount $424,000 · 4.49% over 25 years

$106,000Down payment (20.0%)
$424,000Loan before insurance
$0CMHC premium
$3,941Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$245
Condo / maintenance fees
$1,352
Heating
$0
Estimated monthly cost
$3,941

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

One-time closing costs

Ontario land transfer tax
$7,075
Toronto municipal land transfer tax
$7,075
Estimated closing costs
$14,150

Plus your down payment of $106,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,311Total interest paid
$703,311Total of all payments
Principal $424,000 Interest $279,311
YearPrincipalInterestBalance
1$9,462$18,671$414,538
2$9,891$18,241$404,647
3$10,341$17,792$394,306
4$10,810$17,322$383,496
5$11,301$16,832$372,195
6$11,814$16,318$360,381
7$12,350$15,782$348,031
8$12,911$15,221$335,119
9$13,497$14,635$321,622
10$14,110$14,022$307,512
11$14,751$13,382$292,761
12$15,421$12,712$277,340
13$16,121$12,012$261,219
14$16,853$11,280$244,367
15$17,618$10,514$226,749
16$18,418$9,715$208,331
17$19,254$8,878$189,077
18$20,128$8,004$168,948
19$21,042$7,090$147,906
20$21,998$6,135$125,908
21$22,996$5,136$102,912
22$24,041$4,092$78,871
23$25,132$3,000$53,739
24$26,273$1,859$27,466
25$27,466$666$0

At the end of your 5-year term

Total paid over the term
$140,662
Principal paid down
$51,805
Interest paid
$88,857
Balance remaining
$372,195

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
3.1%Cap rate after taxes and upkeep

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.

7.7%
Gross yield
− Property tax $2,939− Condo fees $16,222− Insurance $600− Vacancy & upkeep $4,488Net operating income $16,551

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

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