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PH08 - 296 Mill Road
Markland Wood, Toronto
$882,000
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.
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| Type | Condo Apartment |
| Style | Multi-Level |
| Approx. Age | Not available |
| Size | 1600-1799 sq. ft. |
| Maintenance Fees | $1,736 |
| Locker | Ensuite |
| Balcony | Open |
| Exposure | East West |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Underground |
| Property Tax | $3,801 |
| mls© Number | W13831848 |
| Listed By | RE/MAX PROFESSIONALS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,514
- Property tax
- $317
- Heat allowance
- $150
- Condo fees, half counted
- $868
- Housing costs
- $5,849 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $3,712 / mo
- Cash down
- $176,400
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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