296 Mill Road Unit A21, Toronto W08

Price: $479,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13009598

DON'T Miss This Opportunity ... Welcome To Condo Life At THE MASTERS! Spacious 3 Bedroom 2 Bathroom Condo Offering A Functional Open Concept Layout With Plenty Of Storage Throughout. Bright Living And Dining Area With Walk Out To A Private Balcony, Perfect For Everyday Living And Entertaining. Large Kitchen Also Features A Walk-Out To The Balcony And Ample Cabinet Space. The Primary Bedroom Includes A 4 Piece Ensuite And A Generous Walk-In Closet For Added Comfort And Convenience. Ideally Located In A Well Connected Toronto Neighbourhood (Markland Woods) Close To Parks, Walking Trails, Schools, And Community Centres. Enjoy Easy Access To Major Highways Including The Gardiner Expressway And Highway 427, TTC Transit, And Nearby Shopping At Sherway Gardens. A Great Opportunity For Families Or Professionals Seeking Space And Convenience In The City!

296 Mill Road Unit A21 - Condo photo 1 of 42 in Etobicoke (Islington / Rexdale), Ontario
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New Listing
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$479,900 - 296 Mill Road Unit A21, Etobicoke

Condo for Sale in Etobicoke

New — Listed yesterday
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13009598
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Ensuite
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

DON'T Miss This Opportunity ... Welcome To Condo Life At THE MASTERS! Spacious 3 Bedroom 2 Bathroom Condo Offering A Functional Open Concept Layout With Plenty Of Storage Throughout. Bright Living And Dining Area With Walk Out To A Private Balcony, Perfect For Everyday Living And Entertaining. Large Kitchen Also Features A Walk-Out To The Balcony And Ample Cabinet Space. The Primary Bedroom Includes A 4 Piece Ensuite And A Generous Walk-In Closet For Added Comfort And Convenience. Ideally Located In A Well Connected Toronto Neighbourhood (Markland Woods) Close To Parks, Walking Trails, Schools, And Community Centres. Enjoy Easy Access To Major Highways Including The Gardiner Expressway And Highway 427, TTC Transit, And Nearby Shopping At Sherway Gardens. A Great Opportunity For Families Or Professionals Seeking Space And Convenience In The City!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,462.14/mo

Includes CMHC insurance ($13,389)

$
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5-yr fixed avg.

Principal: $431,910Interest: $293,342
Mortgage Amount$445,299
Total Interest$293,342
Est. Property Tax$340/mo
Total Cost$738,641

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Etobicoke (Islington / Rexdale)

  • Convenient location in Etobicoke (Islington / Rexdale)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Etobicoke (Islington / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

296 Mill Road Unit A21, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$1,670

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $480/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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