284 Mill Road E1, Toronto W08

$449,900
284 Mill Road E1

$449,900

New
25d
Condo Apartment1 Storey/Apt

284 Mill Road E1, Toronto W08

Total Monthly Obligation $3,694

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
25d
Score
18
Yield
8.8%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-W13839662
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 28, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,023.89 (2026)
Maintenance-$1,426.93/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60/TBA
Neighbourhood-Markland Wood
Title-Residential Condo & Other

No agent assigned

Welcome to The Masters, one of Etobicoke's most established and sought-after condominium communities. This spacious 3+1 bedroom, 2 bath bungalow-style suite offers the kind of generous living space rarely found in newer condos, along with three private balconies and new broadloom throughout. The large kitchen provides an abundance of cabinetry and storage, while the flexible family room is ideal as a home office or den. Enjoy beautifully maintained grounds, a welcoming community atmosphere and an impressive range of amenities, including indoor and outdoor pools, fitness facilities, tennis, squash, sauna and more. Ideally located in Markland Wood, close to golf, parks, shopping, transit and major highways, with easy access to downtown Toronto and Pearson Airport. A wonderful opportunity to enjoy space, comfort and an established community in a convenient Etobicoke location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$3,694/mo
Mortgage $1,815
Monthly Loss $3,216
Principal$478
Interest$1,337
Property Tax$252
Condo Fees$1,427
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
9.0%29
10-Year IRR
10.3%
Returns Index
15.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,396/yr
NOI
$12,909/yr
Net Cash Flow
-$739/mo
Cash Margin
-22.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.3/ 100

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

Comparables

Properties near 284 Mill Road E1

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.