$649,000 - 296 Mill Road Unit E8, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Markland Wood
- MLS Number
- W13451420
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Ensuite
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Signature Elite Realty Ltd.
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.
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
5-yr fixed avg.
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.
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
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.
296 Mill Road Unit E8, Etobicoke (Islington / Rexdale)
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $406/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.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.