E1-284 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13839662

$449,900
For Sale
Listed 20 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • Welcome to The Masters, one of Etobicoke's most established and sought-after condominium communities.
  • This spacious 3+1 bedroom, 2 bath bungalow-style suite offers the kind of generous living space rarely found in newer condos, along with three private balconies and...
  • Ideally located in Markland Wood, close to golf, parks, shopping, transit and major highways, with easy access to downtown Toronto and Pearson Airport.

Welcome to The Masters, one of Etobicoke's most established and sought-after condominium communities. This spacious 3+1 bedroom, 2 bath bungalow-style suite offers the kind of generous living space rarely found in newer condos, along with three private balconies and new broadloom throughout. The large kitchen provides an abundance of cabinetry and storage, while the flexible family room is ideal as a home office or den. Enjoy beautifully maintained grounds, a welcoming community atmosphere and an impressive range of amenities, including indoor and outdoor pools, fitness facilities, tennis, squash, sauna and more. Ideally located in Markland Wood, close to golf, parks, shopping, transit and major highways, with easy access to downtown Toronto and Pearson Airport. A wonderful opportunity to enjoy space, comfort and an established community in a convenient Etobicoke location.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13839662
Bedrooms
3
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Mill Rd and Burnhamthorpe Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,427/mo
Exposure
East
Property tax
$3,024 / 2026
Days on market
20
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Main3.51 × 2.84 m

east view · broadloom

Bedroom 3Main3.51 × 2.97 m

east view · parquet

Primary BedroomMain4.50 × 3.28 m

3 pc ensuite · w/o to balcony · east view

Living RoomMain6.10 × 5.18 m

w/o to balcony · broadloom · combined w/dining

KitchenMain3.81 × 2.13 m

eat-in kitchen · double sink

Family RoomMain3.89 × 3.05 m

w/o to balcony · window · broadloom

LaundryMain2.13 × 1.49 m
Dining RoomMain6.10 × 5.18 m

broadloom · combined w/living

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.

Dovercourt-Wallace Emerson-Junction
$640K
Little Portugal
$549K
Niagara
$727K
Kensington-Chinatown
$585K
Waterfront Communities C1
$691K

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 · 0.5 km awayBelow the GTA average · 65% meet the provincial standard
Seneca SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bloordale Middle School · Public elementary0.9 km · 69% at standard
Mill Valley Junior School · Public elementary0.9 km · 90% at standard
Eatonville Junior School · Public elementary1.3 km · 75% at standard
Broadacres Junior Public School · Public elementary1.5 km · 55% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.9 km · 68% at standard
St Elizabeth Catholic School · Catholic elementary2.0 km · 82% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.1 km
Hollycrest Middle School · Public elementary2.2 km · 75% at standard
Bloorlea Middle School · Public elementary2.2 km · 70% at standard
Wellesworth Junior School · Public elementary2.3 km · 58% at standard
West Glen Junior School · Public elementary2.3 km · 57% at standard
Etobicoke Secondary Alternative School · Public secondary2.5 km

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

Affordability & Mortgage

Affordability
$2,050/mo
$117KIncome needed
3.9×Price ÷ income
$473Weekly cost
$10,946Land 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.

55%mortgage
Mortgage $2,050Property tax $252Condo fee $1,427Total carry $3,729

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)
$1,990per month

Mortgage amount $359,920 · 4.49% over 25 years

$89,980Down payment (20.0%)
$359,920Loan before insurance
$0CMHC premium
$3,669Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,990
Property tax
$252
Condo / maintenance fees
$1,427
Heating
$0
Estimated monthly cost
$3,669

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

One-time closing costs

Ontario land transfer tax
$5,473
Toronto municipal land transfer tax
$5,473
Estimated closing costs
$10,946

Plus your down payment of $89,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,409/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

$237,098Total interest paid
$597,018Total of all payments
Principal $359,920 Interest $237,098
YearPrincipalInterestBalance
1$8,032$15,849$351,888
2$8,397$15,484$343,492
3$8,778$15,103$334,714
4$9,176$14,704$325,537
5$9,593$14,288$315,944
6$10,029$13,852$305,916
7$10,484$13,397$295,432
8$10,960$12,921$284,472
9$11,458$12,423$273,015
10$11,978$11,903$261,037
11$12,522$11,359$248,515
12$13,090$10,791$235,425
13$13,684$10,196$221,741
14$14,306$9,575$207,435
15$14,955$8,925$192,480
16$15,634$8,246$176,845
17$16,344$7,537$160,501
18$17,086$6,794$143,415
19$17,862$6,019$125,553
20$18,673$5,208$106,880
21$19,521$4,360$87,359
22$20,407$3,473$66,951
23$21,334$2,547$45,618
24$22,302$1,578$23,315
25$23,315$566$0

At the end of your 5-year term

Total paid over the term
$119,404
Principal paid down
$43,976
Interest paid
$75,428
Balance remaining
$315,944

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$4,750/mo
$57,000Gross annual rent
6.7%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.

12.7%
Gross yield
− Property tax $3,024− Condo fees $17,123− Insurance $600− Vacancy & upkeep $6,270Net operating income $29,983

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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