$480,000

For sale

#E21 284 Mill Road, Toronto (Markland Wood) - Single Family for Sale

#E21 284 Mill Road, Toronto (Markland Wood), Ontario, M9C4W6

2 beds2 baths1 parking1,300 ft²$1,277/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $480,000, it is attractively priced about 26% below the $649,000 median asking price in Toronto. It has been on the market 13 days, fresher than the Toronto average of 44 days.

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Description

Enjoy resort-style living at The Masters, a desirable condominium community backing onto Markland Wood Golf & Country Club. This spacious suite stands out for its spectacular golf course views from the living and dining areas and private terrace-all at an exceptionally attractive price. The generous layout features an eat-in kitchen, a spacious primary bedroom with a three-piece ensuite, and a second bedroom ideal for guests or a home office. In-suite laundry, a large in unit storage room and an underground parking space- add everyday convenience that can't be beat. Set on 11 acres of landscaped grounds, amenities include indoor and outdoor pools, tennis and pickleball courts, a fitness centre, and a beautifully renovated clubhouse. The community is pet-friendly and permits barbecues. Modern renovations are underway throughout The Masters, with Building 284's lobby and hallways already completed. Comfortable as it is, with room to make it your own, this suite offers outstanding value and a lifestyle to match. (id:66096)

Property Details

MLS®: W14107790
Property Type: Single Family
Zoning: R6
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $1,277/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Living room: 5.92 x 6.15 meters
Dining room: 2.01 x 2.44 meters
Kitchen: 2.39 x 2.44 meters

Upper Level

Primary Bedroom: 5.84 x 3.56 meters
Bedroom 2: 5.11 x 2.67 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, Window Coverings
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Markland Wood) listings, avg age

44d

Price / ft²

$369

List price

$480K

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 2-bed single family in Toronto (Markland Wood) has been listed for 13 days, which is 31 days fresher than the city average of 44. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE · MICHAEL PHINNEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9C)

This home lists at $480,000, about 5.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $93,761 (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)

$480,000· $369/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Property tax (est.)$234/mo

Condo fee$1,277/mo

Total monthly$4,039

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$12,150

Est. closing costs$3,940

Total cash needed$40,090

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