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$589K · 3 bed Condo Apartment · Markland Wood, Toronto | MyPropertyScout

$589,000

Unit B4

33Vacant

Map

⚡ Insider Deal

↓ $40,000Price ReducedEstate Sale

$589,000

A●●●○○DOM94days

Unit B4

The Masters · 296 Mill Road · Toronto · Ontario M9C 4X8

MLS® W12908796 · Markland Wood · M9C 4X8

33Vacant1400-1599 ft²Condo Apartment1-car Underground94d$393/ft²$3,461 tax/yr

5% below market · 94 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Award Winning "The Masters", This Spacious 1565 Sq. Ft. 3 Bedroom Suite Is Situated In A Desirable & Prestigious Markland Wood Neighbourhood. Perfect For Quiet Enjoyment or Entertaining, This Suite Has An Ensuite Utility Room, Ensuite Laundry, Loads of Storage, 2 Open Balconies Overlooking The Outdoor Pool, Golf Course and a Breathtaking View of Sunsets! Amenities Included: Outdoor/Indoor Pool, Walking Trails, Tennis/Squash Courts, Gym, Party Room and Sundeck. Located Near Transit, Highways, Sho…

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Property details

MLS#: W12908796
Status: Buy Now
Beds: 3
Baths: 3 full, 0 half
Size: 1400-1599
Style: Multi-Level
Type: Condo Apartment
Year built: —

Property features: Golf, Park, Public Transit, School

View: Golf Course, Pool

Building name: The Masters
Condo corp #: 266
Balcony: Open
Locker: Ensuite
Association amenities: Gym, Indoor Pool, Outdoor Pool, Party Room/Meeting Room, Squash/Racquet Court, Visitor Parking
Fees include: Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete, Other
Fronting on: —
Cross street: Burnhamthorpe/Mill
Basement: None
Stories: 3
Utilities: —
Laundry: In-Suite Laundry
Interior: Storage
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Lower	Kitchen	2.96m × 3.36m
Lower	Living Room	5.15m × 6m
Lower	Dining Room	3.3m × 3.65m
Upper	Primary Bedroom	3.23m × 4.55m
Upper	Bedroom 2	3m × 4.2m
Upper	Bedroom 3	2.88m × 3.2m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE REALTY CENTRE

Source: TRREB/PROPTX · MLS® W12908796

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$589K

Unit B4 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $589,000✓ $3,461 tax✓ Electric✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,312/mo

incl. closing costs (yr 1)

Annual total

$75,744

year 1

Mortgage only

$2,234/mo

principal + interest

Beyond mortgage

$2,931/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$117,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$288/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,500 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,890/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$154/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,255

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)35% $26,814/yr

Property taxes15% $11,716/yr

Utilities3% $2,460/yr

Insurance & security2% $1,600/yr

Maintenance8% $5,890/yr

Condo fees29% $22,164/yr

Closing costs7% $5,100/yr

Mortgage is 35% of your true cost of ownership. The other 65% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,814	$2,234/mo
Government & taxes
Property tax	$3,461	$288/mo
Land transfer tax(closing)	$8,255	$688/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,890	$491/mo
Condo fees
Condo / HOA fees	$22,164	$1,847/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$75,744	$6,312/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit B4

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs