299 Mill Road Unit 1801, Toronto W08

Price: $575,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12931810

Beautifully maintained and thoughtfully updated condo in the heart of Markland Woods offering exceptional space, comfort, and value. This bright and inviting unit features 2 spacious bedrooms, 2 renovated bathrooms, convenient in-suite laundry, and a beautifully renovated kitchen with plenty of cabinetry and counter space. Hardwood flooring flows throughout the principal living areas, while the spacious den provides a versatile space ideal for a home office or additional sitting room. A large in-suite storage room offers an abundance of storage rarely found in condo living. The open-concept living and dining area is filled with natural light and provides plenty of room for both everyday living and entertaining. Walk out to the private balcony and enjoy the perfect spot to relax and unwind. One of the outstanding features of this condominium is the all-inclusive maintenance fee, providing truly worry-free living. Heat, hydro, water, central air conditioning, and cable are all included, leaving the owner responsible only for their home phone service. With virtually all major utilities covered, monthly expenses are simple and predictable. Residents enjoy an impressive selection of resort-style amenities, including indoor and outdoor swimming pools, a fully equipped exercise room, sauna, hot tub, two party rooms-one in the building and another in the Recreation Centre-basketball court, squash court, tennis court, and even an indoor driving range. Commuting couldn't be easier, with multiple TTC routes just outside your door and convenient access to all major highways. Enjoy being just minutes from top-rated schools, shopping, dining, recreation, and everyday conveniences. Located in a well-managed building this exceptional condominium offers an unbeatable combination of space, amenities, convenience, and value. With two parking spaces and virtually all utilities included, this is carefree condo living at its best. Look no further-this one truly has it all.

299 Mill Road Unit 1801 - Condo photo 1 of 45 in Etobicoke (Islington / Rexdale), Ontario
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$575,000 - 299 Mill Road Unit 1801, Etobicoke

Condo for Sale in Etobicoke

149 days on market

Neighbourhood: Markland Wood

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12931810
Property Type
Condo
Status
active
Days on Site
149
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Ensuite
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Beautifully maintained and thoughtfully updated condo in the heart of Markland Woods offering exceptional space, comfort, and value. This bright and inviting unit features 2 spacious bedrooms, 2 renovated bathrooms, convenient in-suite laundry, and a beautifully renovated kitchen with plenty of cabinetry and counter space. Hardwood flooring flows throughout the principal living areas, while the spacious den provides a versatile space ideal for a home office or additional sitting room. A large in-suite storage room offers an abundance of storage rarely found in condo living. The open-concept living and dining area is filled with natural light and provides plenty of room for both everyday living and entertaining. Walk out to the private balcony and enjoy the perfect spot to relax and unwind. One of the outstanding features of this condominium is the all-inclusive maintenance fee, providing truly worry-free living. Heat, hydro, water, central air conditioning, and cable are all included, leaving the owner responsible only for their home phone service. With virtually all major utilities covered, monthly expenses are simple and predictable. Residents enjoy an impressive selection of resort-style amenities, including indoor and outdoor swimming pools, a fully equipped exercise room, sauna, hot tub, two party rooms-one in the building and another in the Recreation Centre-basketball court, squash court, tennis court, and even an indoor driving range. Commuting couldn't be easier, with multiple TTC routes just outside your door and convenient access to all major highways. Enjoy being just minutes from top-rated schools, shopping, dining, recreation, and everyday conveniences. Located in a well-managed building this exceptional condominium offers an unbeatable combination of space, amenities, convenience, and value. With two parking spaces and virtually all utilities included, this is carefree condo living at its best. Look no further-this one truly has it all.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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 1801, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,613

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 $479/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.

Negotiation Opportunity

At 149 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    299 Mill Road Unit 1801 | $575,000 | Battaglia Team