- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,600–1,799sq ft
- Per sq ft
- $519at the range’s middle
- Tax a year
- $3,8012025 tax year
- Parking
- 22 underground
- Days on market
- Members
The brief
About PH08-296 Mill Rd
PH08-296 Mill Rd is a 3-bedroom, 3-bathroom condo in Markland Wood, Toronto, listed for sale at an asking price of $882,000 (MLS® W13831848).
Welcome to a Two-Level Penthouse at The Masters, nestled in the Markland Wood community Updated and filled with natural light, this 3-bedroom, 3-bathroom offers the privacy of a house with the convenience of a resort-style condominium. Enjoy west exposure with golf-course views, mature greenery and spectacular sunsets. Brazilian cherry hardwood flooring throughout both levels. The main level is designed for living and entertaining, featuring a grand living room with a fireplace, separate dining room, beautifully updated kitchen with granite countertops, extensive cabinetry and abundant storage, plus a convenient powder room. The balcony provides an impressive private outdoor retreat. Upstairs, the private bedroom level features three spacious bedrooms and two updated bathrooms. The generous proportions and separation between living and sleeping areas creates a sense of comfort & privacy rarely found in condominium living. The Masters Residents enjoy an extraordinary array of amenities including pristine indoor and outdoor salt-water pools, fitness facilities, sauna, tennis, squash and basketball courts, Pilates, yoga, Tai Chi and aqua-fit classes, indoor car wash, library, clubhouse, party room, and hobby rooms for woodworking, music, photography, art, ceramics, golf & billiards. Beautiful gardens, walking grounds and comprehensive 24-hour security, including parcel delivery service. Ideally situated in sought-after Markland Wood, surrounded by excellent schools, parks, Etobicoke Creek trails, golf, shopping, & restaurants. TTC nearby and convenient access to Kipling and Islington subway stations, Highways 427, 401, 410, Gardiner Expressway and QEW. Pearson International Airport and Sherway Gardens are also just minutes away. A rare opportunity to own an extraordinary Two-Level Penthouse offering the sophistication of a private residence, the amenities of a luxury resort and an exceptional golf-course setting. Two tandem parking spaces included.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall16/100−$2,786/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 condos with 3 bedrooms for lease in Markland Wood 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
- $3,801 / 2025
- MLS® number
- W13831848
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Multi-Level
- Community
- Markland Wood
- Municipality
- Toronto
Building
- Size
- 1600-1799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc Upper, 1 × 3pc Upper
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Stainless Steel: Fridge, Stove, B/I Dishwasher. Range Hood, All Elfs, All Window Coverings, Washer & Dryer, Ensuite Locker, 2 Parking Spaces. Maintenance Fees Include All Utilities & Cable Tv.
- Condo maint.
- $1,995
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.11 × 2.64 m | Stone Floor, Closet, Open Concept | Lower |
| Living | 5.61 × 6.07 m | B/I Shelves, hardwood floor, W/O To Balcony | Main |
| Dining | 5.61 × 6.07 m | Open Concept, Combined W/Living, hardwood floor | Main |
| Kitchen | 2.97 × 4.62 m | Stainless Steel Appl, Breakfast Area, Renovated | Main |
| Breakfast | 2.97 × 4.62 m | Large Window | Main |
| Primary | 3.02 × 5.18 m | 5 Pc Ensuite, Double Closet, hardwood floor | Upper |
| 2nd Br | 2.92 × 4.67 m | Large Closet, hardwood floor, Large Window | Upper |
| 3rd Br | 3.15 × 7.18 m | Large Closet, hardwood floor, B/I Desk | Upper |
| Laundry | 1.47 × 2.51 m | — | Upper |
| Locker | 3.99 × 4.95 m | — | Upper |
Listing history
Buy/sell history for PH08-296 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 | $882,000 | N/A | For Sale | W13831848 |
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
- $176,400
- Total mortgage amount
- $705,600
- Total interest payment
- $501,600
- Total purchase cost
- $1,383,600
- Mortgage payment
- $4,024/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
75%Monthly carrying cost
$6,336- Rent $3,550
- Shortfall $2,786
Rental income opens at $3,550, the median asking rent of 6 comparable homes for lease in Markland Wood. 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
- $14,115
- Toronto municipal land transfer tax
- $14,115
- Total land transfer tax
- $28,230
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $19,755
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 $882,000
- $9,640
- Ontario total
- $14,115
Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,115.
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 15 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 3.4 km3.4 km
- Mapped parcel: about 446,040 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Lactalis Canada Inc. — Etobicoke, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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 47% above the median, higher 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
Map and tour
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.