296 Mill Road Unit A12, Toronto W08

Price: $530,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13839230

Welcome to The Masters, an exceptional lifestyle community in Etobicoke's sought-after Markland Wood neighbourhood. This beautifully renovated 2-bedroom downsplit offers a bright, spacious floorplan 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 Ctr 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 & space for effortless entertaining in every season. Walk out to your private open 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 from the elevator, ensuite laundry & abundant storage, including a rare in-suite locker w built-in shelving. Enjoy an impressive array of resort-style amenities, including indoor & outdoor pools, tennis, squash & basketball courts, fitness facilities, saunas, 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 space, comfort, convenience & carefree resort-style living. Come for the views, stay for the lifestyle and welcoming feel of The Masters. You may have found home.

296 Mill Road Unit A12 - Condo photo 1 of 47 in Etobicoke (Islington / Rexdale), Ontario
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active

$530,000 - 296 Mill Road Unit A12, Etobicoke

Condo for Sale in Etobicoke

Popular Listing

Neighbourhood: Markland Wood

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W13839230
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$2,939
Maintenance Fees
$1,352/mo
Locker
Ensuite
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON TURNKEY REALTY
Description

Welcome to The Masters, an exceptional lifestyle community in Etobicoke's sought-after Markland Wood neighbourhood. This beautifully renovated 2-bedroom downsplit offers a bright, spacious floorplan 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 Ctr 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 & space for effortless entertaining in every season. Walk out to your private open 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 from the elevator, ensuite laundry & abundant storage, including a rare in-suite locker w built-in shelving. Enjoy an impressive array of resort-style amenities, including indoor & outdoor pools, tennis, squash & basketball courts, fitness facilities, saunas, 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 space, comfort, convenience & carefree resort-style living. Come for the views, stay for the lifestyle and welcoming feel of The Masters. You may have found home.

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Estimate your monthly payments for this property

Estimated Payment

$2,719.17/mo

Includes CMHC insurance ($14,787)

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5-yr fixed avg.

Principal: $477,000Interest: $323,965
Mortgage Amount$491,787
Total Interest$323,965
Est. Property Tax$375/mo
Total Cost$815,752

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markland Wood

Discover Markland Wood

Markland Wood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Markland Wood

  • •Convenient location in Etobicoke (Islington / Rexdale)
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Markland Wood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

296 Mill Road Unit A12, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$1,352
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$523

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $530/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $1352/month fees should cover building insurance, common elements, and reserve contributions.

About Markland Wood

I know Markland Wood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    296 Mill Road Unit A12 | $530,000 | Battaglia Team