1608-299 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W13874404

$619,900
For Sale
Listed 11 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • This renovated 3-bedroom, 2-bathroom suite at Millgate Manor brings together generous living space and the everyday convenience of condominium living in Markland Wood.
  • Modern kitchen, SS appliances, fresh paint, hardwood flooring, in-suite laundry, storage and an underground parking space round out the practical comforts.
  • Recently replaced new windows, new A/C / heating system, water pipes - all without special assessments.
  • 24/7 security, electric car charges, Etobicoke Creek trails, Centennial Park and Markland Wood Golf Club are close by; Hwy 427, the 401, Pearson and Kipling station...

This renovated 3-bedroom, 2-bathroom suite at Millgate Manor brings together generous living space and the everyday convenience of condominium living in Markland Wood. The open living and dining area gives you room to gather comfortably, whether you're hosting an evening or settling in at home. Modern kitchen, SS appliances, fresh paint, hardwood flooring, in-suite laundry, storage and an underground parking space round out the practical comforts. The corporation has a very strong financial position led by the dedicated Board members. Recently replaced new windows, new A/C / heating system, water pipes - all without special assessments.Beyond your front door, enjoy indoor and outdoor pools, a fitness centre, and tennis courts. Maintenance fees include heat, electricity, water, cable and internet, bringing several everyday expenses into one monthly payment. 24/7 security, electric car charges, Etobicoke Creek trails, Centennial Park and Markland Wood Golf Club are close by; Hwy 427, the 401, Pearson and Kipling station are minutes by car. Floor plan and status certificate are ready on request. Book a private viewing to explore the layout, step onto the balcony and see how the space could work for you.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13874404
Bedrooms
3
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Burnhamthorpe/Mill Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,417/mo
Exposure
South West
Property tax
$1,988 / 2025
Days on market
11
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

PantryFlat1.70 × 0.89 m

Hardwood Floor

Dining RoomFlat4.34 × 2.78 m

combined w/living · large window · hardwood floor

KitchenFlat4.15 × 2.25 m

french doors · granite counters · tile floor

Primary BedroomFlat4.48 × 3.41 m

large closet · large window · hardwood floor

Living RoomFlat5.63 × 3.43 m

w/o to balcony · combined w/dining · hardwood floor

BedroomFlat4.13 × 2.69 m

Hardwood Floor

BedroomFlat4.34 × 2.84 m

Hardwood Floor

FoyerFlat1.62 × 0.99 m

Hardwood Floor

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.

Little Portugal
$549K
Niagara
$687K
Kensington-Chinatown
$600K
Annex
$1.03M
Waterfront Communities C1
$687K

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 elementary0.8 km · 90% at standard
Bloordale Middle School · Public elementary0.8 km · 69% at standard
Eatonville Junior School · Public elementary1.3 km · 75% at standard
Broadacres Junior Public School · Public elementary1.3 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 secondary2.0 km
St Elizabeth Catholic School · Catholic elementary2.0 km · 82% at standard
Wellesworth Junior School · Public elementary2.1 km · 58% at standard
West Glen Junior School · Public elementary2.2 km · 57% at standard
Bloorlea Middle School · Public elementary2.2 km · 70% at standard
Michael Power/St Joseph High School · Catholic secondary2.4 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,825/mo
$142KIncome needed
4.4×Price ÷ income
$652Weekly cost
$17,746Land 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.

64%mortgage
Mortgage $2,825Property tax $166Condo fee $1,417Total carry $4,408

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)
$2,742per month

Mortgage amount $495,920 · 4.49% over 25 years

$123,980Down payment (20.0%)
$495,920Loan before insurance
$0CMHC premium
$4,325Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,742
Property tax
$166
Condo / maintenance fees
$1,417
Heating
$0
Estimated monthly cost
$4,325

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

One-time closing costs

Ontario land transfer tax
$8,873
Toronto municipal land transfer tax
$8,873
Estimated closing costs
$17,746

Plus your down payment of $123,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,319/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

$326,688Total interest paid
$822,608Total of all payments
Principal $495,920 Interest $326,688
YearPrincipalInterestBalance
1$11,067$21,837$484,853
2$11,569$21,335$473,284
3$12,095$20,810$461,189
4$12,644$20,261$448,546
5$13,218$19,687$435,328
6$13,818$19,086$421,510
7$14,445$18,459$407,064
8$15,101$17,803$391,963
9$15,787$17,117$376,176
10$16,504$16,401$359,673
11$17,253$15,651$342,420
12$18,036$14,868$324,383
13$18,855$14,049$305,528
14$19,711$13,193$285,817
15$20,606$12,298$265,210
16$21,542$11,362$243,668
17$22,520$10,384$221,148
18$23,543$9,362$197,606
19$24,611$8,293$172,994
20$25,729$7,175$147,265
21$26,897$6,007$120,368
22$28,118$4,786$92,250
23$29,395$3,509$62,855
24$30,730$2,175$32,125
25$32,125$779$0

At the end of your 5-year term

Total paid over the term
$164,522
Principal paid down
$60,592
Interest paid
$103,929
Balance remaining
$435,328

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$4,100/mo
$49,200Gross annual rent
3.9%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.

7.9%
Gross yield
− Property tax $1,988− Condo fees $17,003− Insurance $600− Vacancy & upkeep $5,412Net operating income $24,198

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

CallRequest a showing