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Condo ApartmentListed 18 days ago

$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
Down payment$176,400 · 20%
Interest rate4.50%

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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