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B4 - 296 Mill Road
Markland Wood, Toronto
$569,000
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, Shopping, Golf Course, Airport and Schools. Common Areas Currently Undergoing Renovations Including Scheduled Water Risers. *Photos Have Been Virtually Staged*
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| Type | Condo Apartment |
| Style | Multi-Level |
| Approx. Age | Not available |
| Size | 1400-1599 sq. ft. |
| Maintenance Fees | $1,847 |
| Locker | Ensuite |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,461 |
| mls© Number | W12908796 |
| Listed By | ROYAL LEPAGE REALTY CENTRE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,912
- Property tax
- $288
- Heat allowance
- $150
- Condo fees, half counted
- $923
- Housing costs
- $4,274 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$132,000
gross annual household income
- Payment at 4%
- $2,394 / mo
- Cash down
- $113,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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