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Price Change$649,000

E8 - 296 Mill Road

Markland Wood, Toronto

$639,000

Condo Apartment |
3 | 3 | 2 | 1
About this home

Resort-style living with stunning sunset views over Markland Wood Golf Course. This multi-level 1700 sq ft unit has big windows, lots of privacy, many closets/storage areas, and 3 bedrooms, great for downsizers, families with kids and grandkids, or those working-from-home. The main level includes a well-laid out kitchen with loads of counter and cupboard space and a convenient pass-through to the dining room, adjacent to the large west-facing balcony and bright spacious living room, plus 2 roomy closets and a powder room. Upstairs: primary bedroom with generous walk-in closet + ensuite bathroom, 2 more bedrooms with big closets, large bathroom with full-size tub, dedicated laundry room, big storage room, and plenty of privacy. Oak parquet flooring throughout has been freshly refinished, stained and sealed, and all walls are newly "white dove" - ready for your art, family photos and personal touches. The Masters is 94% owner-occupied, and sits on 11 acres of beautifully landscaped grounds and gardens, with mature pine trees, children's playground, 3 tennis / pickleball courts, outdoor pool, paved footpath to Japanese Garden and pond, benches, and a pair of peregrine falcons who have been nesting in this paradise for more than 7 years! The monthly maintenance fees include all this, (and 2 parking spots for this unit), plus an indoor pool, sauna, squash / basketball courts, fitness centre, hobby rooms, newly renovated clubhouse-lounge, party room, cable, insurance, water, heat, a/c, electricity, indoor car wash, 24 hour security, and more. From Aug 1, high speed 1.5 GB Bell Fibre Optic internet and cable with over 300 channels will also be included in the common elements fee, and available to all residents at no extra charge. Enjoy the luxuries of freehold living in this welcoming and active community, close to walking/biking trails, shopping, highways, transit, the airport, schools, and places of worship, in this highly desirable Etobicoke location.

Extras

No extras listed.

TypeCondo Apartment
StyleMulti-Level
Approx. AgeNot available
Size1600-1799 sq. ft.
Maintenance Fees$2,028
LockerEnsuite
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,695
mls© NumberW13451420
Listed BySignature Elite Realty Ltd.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,271
Property tax
$308
Heat allowance
$150
Condo fees, half counted
$1,014
Housing costs
$4,742 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $127,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$2,689 / mo
Cash down
$127,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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