420 Mill Road 112, Toronto W08

$549,500
420 Mill Road 112

$549,500

New
24d
Condo ApartmentApartment

420 Mill Road 112, Toronto W08

Total Monthly Obligation $3,374

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
24d
Score
19
Yield
6.1%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-W13841286
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$1,749.47 (2026)
Maintenance-$811.41/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-Flexible
Neighbourhood-Eringate-Centennial-West Deane
Title-Residential Condo & Other

No agent assigned

**First Time Offered in Nearly 20 Years**Some homes simply don't come along very often. Welcome to one of the most desirable residences at **420 Mill Road**, a beautifully renovated move-in-ready suite in one of Etobicoke's most sought-after condominium communities. Offered for the first time in nearly two decades, this rare main-floor unit provides the convenience of stair-free living. No elevator required to get home, making everyday life effortless for all ages. Lovingly maintained and thoughtfully updated throughout, this bright and spacious home features rich hardwood flooring, custom built-in cabinetry, and quality renovations designed with both style and function in mind. Every room reflects pride of ownership, creating a home that is as inviting as it is practical. Simply unpack and enjoy. Beyond your front door, you'll discover why this community has earned such a loyal following. Surrounded by 8 acres of mature trees and backing onto a picturesque ravine, the setting offers a peaceful retreat while remaining just minutes from every urban convenience. Residents enjoy exclusive access to private tennis courts, an outdoor swimming pool, beautifully maintained gardens, a private park, and walking trails that wind through the neighbourhood's green space. Located in the heart of Etobicoke, you're just moments from Centennial Park, the Etobicoke Creek Trail, Markland Wood Golf Club, excellent shopping, restaurants, transit, and quick access to major highways, making commuting throughout the GTA remarkably convenient while still coming home to a quiet, nature-filled setting. Complete with one underground parking space, a private storage locker, and the exceptional value of all utilities included in the condominium fees, this is a rare opportunity to own a meticulously cared-for home in a building where residents tend to stay for years. Homes like this don't come up often. Enjoy your tour.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$439,600
Land Transfer Taxes$7,465
Legal Fees (Est.)
$
Total cash required for closing$118,865

Total Monthly Obligation

$3,374/mo
Mortgage $2,217
Monthly Loss $2,790
Principal$583
Interest$1,633
Property Tax$146
Condo Fees$811
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,288/yr
NOI
$16,073/yr
Net Cash Flow
-$877/mo
Cash Margin
-31.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.1/ 100

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

Comparables

Properties near 420 Mill Road 112

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.