A39-300 Mill Road, Toronto, ON

Markland Wood, Toronto · MLS® W14092410

$649,000
For Sale
Listed 1 day agoNo offer date stated
3Bedrooms
3Bathrooms
1Garage
1600-1799Sq ft

About this home

In short

  • Welcome to The Masters, Markland Wood's Highly Sought-After Resort-Style Community.
  • Enjoy private west-facing views and an open-concept design, perfect for entertaining.
  • Highlights include: Two large balconies (BBQs allowed), Three fully renovated bathrooms, Crown moulding in both the living and dining rooms, Separate laundry room...
  • Residents enjoy resort-style amenities: indoor & outdoor pools, gym, tennis courts, playgrounds, private gardens, indoor basketball court, golf driving range, and more.
  • Conveniently located close to TTC, Mississauga Transit, shops, schools, and major highways.

Welcome to The Masters, Markland Wood's Highly Sought-After Resort-Style Community! This beautifully updated 3-bedroom, 3-bathroom corner suite offers over 1,700 sq. ft. of living space across a unique up-split layout that feels more like a detached home. Enjoy private west-facing views and an open-concept design, perfect for entertaining. Highlights include: Two large balconies (BBQs allowed), Three fully renovated bathrooms, Crown moulding in both the living and dining rooms, Separate laundry room with storage plus custom shelving throughout. Residents enjoy resort-style amenities: indoor & outdoor pools, gym, tennis courts, playgrounds, private gardens, indoor basketball court, golf driving range, and more. Conveniently located close to TTC, Mississauga Transit, shops, schools, and major highways.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14092410
Bedrooms
3
Bathrooms
3 (1 half)
Size
1600-1799 sq ft
Cross streets
Burnhamthorpe/Mill
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,995/mo
Exposure
West
Property tax
$3,737 / 2026
Days on market
1
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$629Klikely sale price

Listed at $649,000. Going by how homes in Markland Wood and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $629K, if it sells. A realistic range is $592K to $680K.

Independent value check: $755K. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $702K and $794K).

Why $755K. The typical condo sold in Markland Wood over the past year went for about $590K (50 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,737 a year; the typical home sold here pays about $2,600.
  • ▲ Raises it stronglyIt is 1,600 to 1,799 sq ft; the typical home sold here is 1,200 to 1,399.
  • ▼ Lowers it stronglyIts maintenance fee is $1,995 a month; the typical unit sold here pays about $1,290.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$592KBelow recent closings$680KAbove recent closings

Total price vs nearby homes. Likely closing about $629K, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$551Kmedian sold price
95%of asking, on average
−11%prices vs a year ago
~21 dayshomes like this take to sell
1days on market so far
$3,994/moest. rent · 31 leases
7.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 9 condo apartment homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $382/sqft against an area asking average of $524/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $784K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Markland Wood, from 95 closings in Markland Wood.

What sellers nearby are askingCurrently listed nearby in Markland Wood · asking prices
$693kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $755K, which is where my estimate comes from.

Per square foot, these ask about $533/sqft; this home lists at $382/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home620k595k749k749k750kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,805 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K886

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.

Mimico
$546K
Yorkdale-Glen Park
$631K
Waterfront Communities C1
$750K
Bay Street Corridor
$479K
Church-Yonge Corridor
$659K

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 · 0.8 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 elementary1.0 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
Wellesworth Junior School · Public elementary2.1 km · 58% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.1 km
St Elizabeth Catholic School · Catholic elementary2.2 km · 82% 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 secondary2.4 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,958/mo
$164KIncome needed
4.0×Price ÷ income
$683Weekly cost
$18,910Land 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.

56%mortgage
Mortgage $2,958Property tax $311Condo fee $1,995Total carry $5,264

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,871per month

Mortgage amount $519,200 · 4.49% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$5,177Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,871
Property tax
$311
Condo / maintenance fees
$1,995
Heating
$0
Estimated monthly cost
$5,177

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,475/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

$342,024Total interest paid
$861,224Total of all payments
Principal $519,200 Interest $342,024
YearPrincipalInterestBalance
1$11,586$22,863$507,614
2$12,112$22,337$495,501
3$12,662$21,787$482,839
4$13,237$21,212$469,602
5$13,838$20,611$455,763
6$14,467$19,982$441,297
7$15,123$19,325$426,173
8$15,810$18,639$410,363
9$16,528$17,921$393,835
10$17,278$17,171$376,557
11$18,063$16,386$358,494
12$18,883$15,566$339,611
13$19,740$14,709$319,870
14$20,637$13,812$299,234
15$21,574$12,875$277,660
16$22,553$11,896$255,107
17$23,577$10,872$231,530
18$24,648$9,801$206,882
19$25,767$8,682$181,115
20$26,937$7,512$154,178
21$28,160$6,289$126,019
22$29,438$5,011$96,580
23$30,775$3,674$65,805
24$32,172$2,277$33,633
25$33,633$816$0

At the end of your 5-year term

Total paid over the term
$172,245
Principal paid down
$63,437
Interest paid
$108,808
Balance remaining
$455,763

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
From 31 whole-home leases in Markland Wood$3,994/mo
$47,928Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,794 to $4,194Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 31 whole-home leases in Markland Wood signed at a median of $3,387 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,994. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.4%
Gross yield
− Property tax $3,737− Condo fees $23,936− Insurance $600− Vacancy & upkeep $5,272Net operating income $14,383

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

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