296 Mill Road A12, Toronto W08

$530,000
296 Mill Road A12

$530,000

New
24d
Condo ApartmentMulti-Level

296 Mill Road A12, Toronto W08

Total Monthly Obligation $3,935

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
15
Yield
6.2%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Condo Apartment
MLS® Number-W13839230
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Multi-Level
Building Type-Condo Apartment
Taxes-$2,938.8 (2026)
Maintenance-$1,351.82/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX REALTRON TURNKEY REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-60-75 TBA
Neighbourhood-Markland Wood
Title-Residential Condo & Other

No agent assigned

Welcome to The Masters, an exceptional lifestyle community in Etobicoke's sought-after Markland Wood neighbourhood. This beautifully renovated 2-bedroom downsplit offers a bright, spacious floorplan with a rare combination of stunning golf course views, sunny west exposure & resort-style amenities. Step inside to a beautifully updated home featuring a bright open-concept living & dining area, spacious renovated kitchen w Ctr Island, stone counters, full-size SS appliances & modern cabinetry, plus light wood staircases & flooring throughout. Freshly painted & truly move-in ready, the spacious layout offers both comfortable everyday living & space for effortless entertaining in every season. Walk out to your private open balcony & enjoy peaceful views over the golf course & beautifully landscaped gardens, perfect for morning coffee, an evening sunset or summer BBQs with a view. The spacious primary retreat features a walk-in closet & renovated semi-ensuite bathroom, while the 2nd bedroom offers exceptional flexibility for family, guests or a dedicated home office. Two beautifully renovated modern bathrooms add style & convenience. Enjoy the added ease of all-inclusive maintenance fees, underground parking conveniently located steps from the elevator, ensuite laundry & abundant storage, including a rare in-suite locker w built-in shelving. Enjoy an impressive array of resort-style amenities, including indoor & outdoor pools, tennis, squash & basketball courts, fitness facilities, saunas, party rm, reno'd Clubhouse landscaped grounds & active community atmosphere w classes & social activities. Ideally located in central Etobicoke, close to major highways, TTC, Pearson Airport, Sherway Gardens, Golf courses & Centennial Park; this exceptional home offers a perfect blend of space, comfort, convenience & carefree resort-style living. Come for the views, stay for the lifestyle and welcoming feel of The Masters. You may have found home.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$424,000
Land Transfer Taxes$7,075
Legal Fees (Est.)
$
Total cash required for closing$114,575

Total Monthly Obligation

$3,935/mo
Mortgage $2,138
Monthly Loss $3,372
Principal$563
Interest$1,575
Property Tax$245
Condo Fees$1,352
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.5%0
5-Year IRR
4.0%8
10-Year IRR
6.4%
Returns Index
5.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,880/yr
NOI
$8,031/yr
Net Cash Flow
-$1,469/mo
Cash Margin
-53.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
19.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 296 Mill Road A12

Time

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Data last updated within the past 24 hours.