299 Mill Road Unit 1502, Toronto W08

Price: $475,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W14103882

Perched high on the 15th floor, this spacious and bright 2 bedroom plus den, 2-bathroom suite is awaiting your personal touch. If you have been searching for a property where you can bring your own style to life without compromising on space, this is the one! Unlike today's cramped modern high-rises, this classic layout offers an expansive, open-concept living and dining area perfect for family gatherings. Step out onto your private balcony to enjoy your morning coffee against a backdrop of beautiful panoramic treetop views. While the unit requires updating and renovations, the bones and proportions are absolutely exceptional. The eat-in kitchen offers a generous footprint with plenty of room. Down the hall, the massive primary bedroom serves as a quiet retreat, complete with a large closet and its own private 3 piece ensuite bathroom. An additional spacious bedroom offers ultimate flexibility-perfect for a growing family, a dedicated home office. A generous den off the kitchen is perfect for more family living space. Living at Millgate Manor means enjoying an incredible community. Your maintenance fees cover all major utilities (heat, hydro, A/C, water, parking, rogers internet and cable TV), giving you effortless peace of mind. Step outside your door to experience resort-style building amenities, including indoor and outdoor swimming pools, tennis and squash courts, a fully equipped fitness centre, and beautifully manicured gardens. Unbeatable location! You are just minutes from fantastic schools, lush parks, Markland Wood Golf Club, and transit, with quick highway access to downtown Toronto or Mississauga. One parking spot and a sizeable in-suite locker are included. Bring your imagination, your Pinterest boards, and your vision to personalize this condo!

299 Mill Road Unit 1502 - Condo photo 1 of 33 in Etobicoke (Islington / Rexdale), Ontario
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active
New Listing
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$475,000 - 299 Mill Road Unit 1502, Etobicoke

Condo for Sale in Etobicoke

New — Listed 2 days ago

Neighbourhood: Markland Wood

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W14103882
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$2,360
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD.
Description

Perched high on the 15th floor, this spacious and bright 2 bedroom plus den, 2-bathroom suite is awaiting your personal touch. If you have been searching for a property where you can bring your own style to life without compromising on space, this is the one! Unlike today's cramped modern high-rises, this classic layout offers an expansive, open-concept living and dining area perfect for family gatherings. Step out onto your private balcony to enjoy your morning coffee against a backdrop of beautiful panoramic treetop views. While the unit requires updating and renovations, the bones and proportions are absolutely exceptional. The eat-in kitchen offers a generous footprint with plenty of room. Down the hall, the massive primary bedroom serves as a quiet retreat, complete with a large closet and its own private 3 piece ensuite bathroom. An additional spacious bedroom offers ultimate flexibility-perfect for a growing family, a dedicated home office. A generous den off the kitchen is perfect for more family living space. Living at Millgate Manor means enjoying an incredible community. Your maintenance fees cover all major utilities (heat, hydro, A/C, water, parking, rogers internet and cable TV), giving you effortless peace of mind. Step outside your door to experience resort-style building amenities, including indoor and outdoor swimming pools, tennis and squash courts, a fully equipped fitness centre, and beautifully manicured gardens. Unbeatable location! You are just minutes from fantastic schools, lush parks, Markland Wood Golf Club, and transit, with quick highway access to downtown Toronto or Mississauga. One parking spot and a sizeable in-suite locker are included. Bring your imagination, your Pinterest boards, and your vision to personalize this condo!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,437.00/mo

Includes CMHC insurance ($13,253)

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5-yr fixed avg.

Principal: $427,500Interest: $290,346
Mortgage Amount$440,753
Total Interest$290,346
Est. Property Tax$336/mo
Total Cost$731,099

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

299 Mill Road Unit 1502, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,275

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 $475/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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.

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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    299 Mill Road Unit 1502 | $475,000 | Battaglia Team