$882,000
296 Mill Road PH08, Toronto, ON M9C 4X8
Markland Wood · Toronto · M9C 4X8
Listing brokerage: RE/MAX PROFESSIONALS INC.
- Beds
- 3
- Baths
- 3
- Sq ft
- 1600–1799
- Parking
- 2
Monthly costs
Maintenance
$1,995/mo
$1.21 per sq ft
Property taxes
$317/mo
$3,801 a year (2025)
About $2,311 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Heat
- Covered: Hydro
- Covered: Water
- Covered: Air conditioning
- Covered: Parking
- Covered: Cable TV
- Covered: Common Elements
- Covered: Building Insurance
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- East West
- Parking
- 2 spots · Underground
- Locker
- Ensuite
- Balcony
- Open
- Laundry
- Ensuite
- Possession
- 30/60/90
The building

The Masters
296 Mill Road · Markland Wood
- 1 for sale
- 15 floors
- 498 suites
About this home
Welcome to a Two-Level Penthouse at The Masters, nestled in the Markland Wood community Updated and filled with natural light, this 3-bedroom, 3-bathroom offers the privacy of a house with the convenience of a resort-style condominium. Enjoy west exposure with golf-course views, mature greenery and spectacular sunsets. Brazilian cherry hardwood flooring throughout both levels. The main level is designed for living and entertaining, featuring a grand living room with a fireplace, separate dining room, beautifully updated kitchen with granite countertops, extensive cabinetry and abundant storage, plus a convenient powder room. The balcony provides an impressive private outdoor retreat. Upstairs, the private bedroom level features three spacious bedrooms and two updated bathrooms. The generous proportions and separation between living and sleeping areas creates a sense of comfort & privacy rarely found in condominium living. The Masters Residents enjoy an extraordinary array of amenities including pristine indoor and outdoor salt-water pools, fitness facilities, sauna, tennis, squash and basketball courts, Pilates, yoga, Tai Chi and aqua-fit classes, indoor car wash, library, clubhouse, party room, and hobby rooms for woodworking, music, photography, art, ceramics, golf & billiards. Beautiful gardens, walking grounds and comprehensive 24-hour security, including parcel delivery service. Ideally situated in sought-after Markland Wood, surrounded by excellent schools, parks, Etobicoke Creek trails, golf, shopping, & restaurants. TTC nearby and convenient access to Kipling and Islington subway stations, Highways 427, 401, 410, Gardiner Expressway and QEW. Pearson International Airport and Sherway Gardens are also just minutes away. A rare opportunity to own an extraordinary Two-Level Penthouse offering the sophistication of a private residence, the amenities of a luxury resort and an exceptional golf-course setting. Two tandem parking spaces included.
All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 10
- Size
- 1600-1799 sq ft
- Fireplace
- Yes
Building & Amenities
- Floor
- 8
- Property management
- City Sites Property Management Inc. 905-232-1260
Amenities
- BBQs Allowed
- Gym
- Indoor Pool
- Outdoor Pool
- Visitor Parking
- Party Room/Meeting Room
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Electric
- Cooling
- Central Air
Parking
- Covered spaces
- 2
Features
- Underground
Exterior & Lot
- Style
- Multi-Level
- Exterior
- Concrete
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- W13831848
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Markland Wood
- Cross streets
- Mill Rd. / Burnhamthorpe
Rooms · 13Foyer, Living Room, Dining Room, Kitchen, Breakfast, Primary Bedroom, Bedroom 2, Bedroom 3, Laundry, Locker, Washroom ×3
Foyer
Lower
2.64 × 2.11 m · 8′8″ × 6′11″
Stone Floor, Closet, Open Concept
Living Room
Main
6.07 × 5.61 m · 19′11″ × 18′5″
B/I Shelves, Hardwood Floor, W/O To Balcony
Dining Room
Main
6.07 × 5.61 m · 19′11″ × 18′5″
Open Concept, Combined w/Living, Hardwood Floor
Kitchen
Main
4.62 × 2.97 m · 15′2″ × 9′9″
Stainless Steel Appl, Breakfast Area, Renovated
Breakfast
Main
4.62 × 2.97 m · 15′2″ × 9′9″
Large Window
Primary Bedroom
Upper
5.18 × 3.02 m · 17′0″ × 9′11″
5 Pc Ensuite, Double Closet, Hardwood Floor
Bedroom 2
Upper
4.67 × 2.92 m · 15′4″ × 9′7″
Large Closet, Hardwood Floor, Large Window
Bedroom 3
Upper
7.18 × 3.15 m · 23′7″ × 10′4″
Large Closet, Hardwood Floor, B/I Desk
Laundry
Upper
2.51 × 1.47 m · 8′3″ × 4′10″
Locker
Upper
4.95 × 3.99 m · 16′3″ × 13′1″
2-piece washroom
Main
5-piece washroom
Upper
3-piece washroom
Upper
History
Past listings and sales for this home and building.
Location
296 Mill Road PH08, Toronto, ON M9C 4X8 · Near Mill Rd. / Burnhamthorpe
Monthly cost
Estimated monthly cost
$6,217/mo
- Mortgage
- $3,905
- Property tax
- $317
- Maintenance
- $1,995
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$207,826
$176,400 down + $31,426 to $32,676 in closing costs
- Ontario land transfer tax
- $14,115
- Toronto land transfer tax
- $14,115
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $187
- Condo fee adjustment
- $1,158
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
Other homes in The Masters
1
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$882,000
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