$449,900

For sale

#E1 284 Mill Road, Toronto (Markland Wood) - Single Family for Sale

#E1 284 Mill Road, Toronto (Markland Wood), Ontario, M9C4W6

3 beds2 baths1 parking1,500 ft²$1,427/mo condo feeListed 38 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,500 sq ft of space. Listed at $449,900, it is attractively priced about 31% below the $649,000 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 41 days.

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Description

Welcome to The Masters, one of Etobicoke's most established and sought-after condominium communities. This spacious 3+1 bedroom, 2 bath bungalow-style suite offers the kind of generous living space rarely found in newer condos, along with three private balconies and new broadloom throughout. The large kitchen provides an abundance of cabinetry and storage, while the flexible family room is ideal as a home office or den. Enjoy beautifully maintained grounds, a welcoming community atmosphere and an impressive range of amenities, including indoor and outdoor pools, fitness facilities, tennis, squash, sauna and more. Ideally located in Markland Wood, close to golf, parks, shopping, transit and major highways, with easy access to downtown Toronto and Pearson Airport. A wonderful opportunity to enjoy space, comfort and an established community in a convenient Etobicoke location. (id:66096)

Property Details

MLS®: W13839662
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,427/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,023.89/yr
Listed: 38 days ago

Rooms

Main level

Living room: 6.1 x 5.18 meters
Dining room: 6.1 x 5.18 meters
Kitchen: 3.81 x 2.13 meters
Family room: 3.89 x 3.05 meters
Primary Bedroom: 4.5 x 3.28 meters
Bedroom 2: 3.51 x 2.84 meters
Bedroom 3: 3.51 x 2.97 meters
Laundry room: 2.13 x 1.49 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Parquet, Carpeted
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Markland Wood) listings, avg age

41d

Price / ft²

$300

List price

$450K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Markland Wood) has been listed for 38 days, which is 3 days fresher than the city average of 41. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JOANNE B. GLUDISH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9C)

This home lists at $449,900, about 4.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 38,725
Median age: 45.6
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9C)

$449,900· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$252/mo

Condo fee$1,427/mo

Total monthly$4,049

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$10,946

Est. closing costs$3,850

Total cash needed$37,291

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