502-299 Mill Road, Toronto, ON
Markland Wood, Toronto · MLS® W14090054
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About this home
In short
- Welcome to 502 - 299 Mill Rd. offering sophisticated design, modern functionality and an exceptional sense of space in the highly sought-after Markland Wood community.
- This fully renovated 3 bedroom, 2 full-bathroom suite has been thoughtfully designed with high-end finishes and custom details throughout.
- The bright, open-concept living and dining area showcases elegant custom wall moulding and architectural paneling, creating beautiful designer-inspired feature walls...
- The two bathrooms have been beautifully renovated with top-of-the-line finishes, creating a luxurious, spa-inspired feel.
- The area offers easy access to public transit, Burnhamthorpe Road and Highway 427, making commuting throughout Toronto and the GTA convenient.
Welcome to 502 - 299 Mill Rd. offering sophisticated design, modern functionality and an exceptional sense of space in the highly sought-after Markland Wood community. This fully renovated 3 bedroom, 2 full-bathroom suite has been thoughtfully designed with high-end finishes and custom details throughout. The bright, open-concept living and dining area showcases elegant custom wall moulding and architectural paneling, creating beautiful designer-inspired feature walls that add depth, character and timeless sophistication to the space. Contemporary light fixtures and pot lights complement the clean, modern aesthetic, while warm-toned flooring adds a welcoming contrast to the crisp white interiors. The show-stopping kitchen features custom white cabinetry, sleek quartz countertops and backsplash, stainless steel appliances, under-cabinet lighting and a generous centre island with a stunning waterfall quartz edge. The island provides the perfect gathering space for casual meals, morning coffee or entertaining guests, while the thoughtful layout offers excellent storage and workspace. All three bedrooms are generously sized and feature custom built-in closets, providing exceptional organization and storage without compromising style. The two bathrooms have been beautifully renovated with top-of-the-line finishes, creating a luxurious, spa-inspired feel. Every detail has been carefully selected to create a cohesive, elevated interior, from the statement lighting and custom wall treatments to the elegant finishes and modern millwork. This is a true turnkey home with the look and feel of a custom-designed residence. Located in the established and family-friendly Markland Wood neighbourhood, residents enjoy a peaceful residential setting surrounded by parks, trails, schools, shopping and everyday conveniences. The area offers easy access to public transit, Burnhamthorpe Road and Highway 427, making commuting throughout Toronto and the GTA convenient.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W14090054
- 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
- Maintenance
- $1,417/mo
- Exposure
- North
- Property tax
- $2,360 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe 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
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Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $599,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,313
- Property tax
- $197
- Condo / maintenance fees
- $1,417
- Heating
- $0
- Estimated monthly cost
- $4,927
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,455
- Toronto municipal land transfer tax
- $11,455
- Estimated closing costs
- $22,910
Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $198,785
- Principal paid down
- $73,211
- Interest paid
- $125,574
- Balance remaining
- $525,989
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.