A12-296 Mill Rd
Markland Wood, Toronto, Ontario M9C 4X8
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $473at the range’s middle
- Tax a year
- $2,9392026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About A12-296 Mill Rd
A12-296 Mill Rd is a 2-bedroom, 2-bathroom condo in Markland Wood, Toronto, listed for sale at an asking price of $520,000 (MLS® W13839230).
Welcome to The Masters, an exceptional lifestyle community in Etobicoke's sought-after Markland Wood neighbourhood. This beautifully renovated 2-bedroom unit offers a bright, spacious 1120 sq ft floor plan 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 Centre 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 with space for family & friends in every season. Walk out to your private Covered 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 to the elevator, Ensuite laundry & abundant storage, including a large 8 x 10 ft ensuite storage room w built-in shelving. Enjoy an impressive array of Resort-style Amenities, including indoor & outdoor swimming pools, tennis, squash & basketball courts, fitness facilities, sauna, 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 comfort, community, nature & recreation. Welcome to The Masters: Come for the views, stay for the lifestyle; where every day feels a like a getaway!
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall29/100−$1,220/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 2228 condos with 2 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,939 / 2026
- MLS® number
- W13839230
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Multi-Level
- Community
- Markland Wood
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Lower, 1 × 3pc Lower
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Wall Unit
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- SS Fridge & Stove. DW, Microwave. Centre Island. Washer/Dryer, Window Covers/blinds As Is, ELFs/Ceiling Fans, Bathroom Mirrors and shelving, White corner shelves and Brown Wardrobe in Bedrooms, 1 GDO Rmt, 1 FOB, 1 Underground Parking Space.
- Condo maint.
- $1,352
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.56 × 5.56 m | Open Concept, Combined W/Living, O/Looks Ravine | Main |
| Dining | 2.79 × 3.66 m | West View, Overlook Golf Course, W/O To Balcony | Main |
| Kitchen | 2.79 × 5.33 m | Renovated, Centre Island, Stainless Steel Appl | Main |
| Primary | 3.07 × 5.12 m | hardwood floor, W/I Closet, 2 Pc Ensuite | Lower |
| Br | 3.03 × 5.0 m | hardwood floor, Double Closet, Large Window | Lower |
| Foyer | 2.77 × 1.19 m | Closet, O/Looks Living | Upper |
| Other | 2.64 × 3.28 m | Tile Floor, B/I Shelves, Separate Rm | Lower |
Listing history
Buy/sell history for A12-296 Mill Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $520,000 | N/A | Pc | W13839230 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $104,000
- Total mortgage amount
- $416,000
- Total interest payment
- $295,900
- Total purchase cost
- $815,900
- Mortgage payment
- $2,373/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
61%Monthly carrying cost
$3,970- Rent $2,750
- Shortfall $1,220
Rental income opens at $2,750, the median asking rent of 2228 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,875
- Toronto municipal land transfer tax
- $6,875
- Total land transfer tax
- $13,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $5,275
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $520,000
- $2,400
- Ontario total
- $6,875
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,875.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (f24.0) (x68)By-law
569-2013Municipality
Toronto1 f24.0
Frontage: at least 24.0 m.
2 x68
Site-specific exception 68: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(68)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
2 building permits cleared at this address in the City’s file.
Interior AlterationsInspection
Material alterations to provide access doors to existing service space on floors 3,5,7,9,11,13,15
Issued September 26, 2022
Garage Repair/ReconstructionInspection
Parking garage repair and waterproofing to roof deck - Phase 7 & 8
Issued February 25, 2009
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
No open development applications within 800 m of this home.
The market
Condos for sale in Markland Wood right now
- For sale now
- 25
- Median asking price
- $600K
- New in 7 days
- 2
- Price cuts
- 32%
Middle half: $530K to $699K
10 in 28 days
8 listings
This home is asking 13% below the median, lower than three quarters of them.
See all homes in Markland WoodAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Tahoe Station | MiWay bus rapid transit: Transitway | 2.2 km |
| Spectrum Station | MiWay bus rapid transit: Transitway | 2.2 km |
| Etobicoke Creek Station | MiWay bus rapid transit: Transitway | 2.3 km |
| Dixie GO | GO Transit train: Milton | 3.4 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 3.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Millwood Junior SchoolToronto DSB | Public · grades JK–5 · French Immersion | 700 m | 65%Grade 3 average |
| Mill Valley Junior SchoolToronto DSB | Public · grades JK–5 | 750 m | 90%Grade 3 average |
| St Clement Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 91%Grade 6 average |
| ÉÉC Notre-Dame-de-GrâceConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 5 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Silverthorn Collegiate InstituteToronto DSB | Public · grades 9–12 | 250 m | 53%Grade 9 math |
| Glenforest Secondary SchoolPeel DSB | Public · grades 9–12 | 1.4 km | 58%Grade 9 math |
| Burnhamthorpe Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.1 km | — |
| Michael Power/St Joseph High SchoolToronto CDSB | Catholic · grades 9–12 | 2.5 km | 68%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Markland Wood are shown to signed-in members.

