$599,000 - 820 Burnhamthorpe Road Unit 606, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Markland Wood
- MLS Number
- W13475772
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Ensuite
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to Millgate Manor in the highly sought after Markland Wood neighborhood. All the space, without the price tag. At 1,270 square feet, Suite 606 provides the substantial living space you want without the heavy upkeep of a freehold home. This sixth floor west exposure suite features two bedrooms, two bathrooms, and a separate den that easily converts into a proper third bedroom for visiting guests or a home office. The massive walk out terrace, expands your living space for relaxing and sharing a meal. BBQ's allowed. Monthly fee is fully inclusive, covering Internet, hydro, heat, central air conditioning, water, cable, parking, building insurance, and common elements. One exclusive parking space included and a highly convenient ensuite pantry/storage, completely eliminating the need to walk down to a basement for storage. The kitchen and bathrooms renovated. The suite is completely turnkey . In addition to your ensuite laundry the building also provides larger laundry facilities on site. Hosting a party? In addition to the party room in the private rec center/clubhouse, 820 also provides it's own Party room. There are so many amenities, you need to visit and explore this fantastic complex. The building provides extensive resort depth amenities that newer condo towers simply cannot match at this price point. Residents enjoy an indoor swimming pool for year round recreation, a separate outdoor pool, a fitness centre, party and meeting rooms, a tennis court, and a playground.Markland Wood is a quiet community surrounded by four parks, including Centenniall Park. Etobicoke and Elmcrest creeks, and the local golf club. You get immediate access to Highways 427 and the QEW, and you are only minutes from Sherway Gardens, local plazas, and Pearson airport. This is ideal lock and leave living in a beautifully established Etobicoke neighborhood, priced strategically under six hundred thousand dollars.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
820 Burnhamthorpe Road Unit 606, 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 $499/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 15 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.
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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.