$765,000 - 299 Mill Road Unit 502, Etobicoke
Condo for Sale in Etobicoke
New — Listed 3 days agoNeighbourhood: Markland Wood
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- MLS Number
- W13849614
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Taxes (2025)
- $2,360
- Maintenance Fees
- $1,417/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to 502 - 299 Mill Rd. offering sophisticated design, modern functionality and an exceptional sense of space in the highly sought-after Markland Wood community. This fully renovated 3 bedroom, 2 full-bathroom suite has been thoughtfully designed with high-end finishes and custom details throughout. The bright, open-concept living and dining area showcases elegant custom wall moulding and architectural paneling, creating beautiful designer-inspired feature walls that add depth, character and timeless sophistication to the space. Contemporary light fixtures and pot lights complement the clean, modern aesthetic, while warm-toned flooring adds a welcoming contrast to the crisp white interiors. The show-stopping kitchen features custom white cabinetry, sleek quartz countertops and backsplash, stainless steel appliances, under-cabinet lighting and a generous centre island with a stunning waterfall quartz edge. The island provides the perfect gathering space for casual meals, morning coffee or entertaining guests, while the thoughtful layout offers excellent storage and workspace. All three bedrooms are generously sized and feature custom built-in closets, providing exceptional organization and storage without compromising style. The two bathrooms have been beautifully renovated with top-of-the-line finishes, creating a luxurious, spa-inspired feel. Every detail has been carefully selected to create a cohesive, elevated interior, from the statement lighting and custom wall treatments to the elegant finishes and modern millwork. This is a true turnkey home with the look and feel of a custom-designed residence. Located in the established and family-friendly Markland Wood neighbourhood, residents enjoy a peaceful residential setting surrounded by parks, trails, schools, shopping and everyday conveniences. The area offers easy access to public transit, Burnhamthorpe Road and Highway 427, making commuting throughout Toronto and the GTA convenient.
Estimate your monthly payments for this property
Estimated Payment
$3,924.85/mo
Includes CMHC insurance ($21,344)
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.
299 Mill Road Unit 502, Etobicoke (Islington / Rexdale)
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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 $638/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. The $1417/month fees should cover building insurance, common elements, and reserve contributions.
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 $3,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.