284 Mill Road C2, Toronto W08

$529,000
284 Mill Road C2

$529,000

New
22d
Condo ApartmentApartment

284 Mill Road C2, Toronto W08

Total Monthly Obligation $3,711

Beds
2
Baths
2
Park
82
Sqft
1000-1199
DOM
22d
Score
16
Yield
6.2%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-W13848716
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,631.32 (2025)
Maintenance-$1,158/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-IQI GLOBAL REAL ESTATE
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBC
Neighbourhood-Markland Wood
Title-Residential Condo & Other

No agent assigned

RARELY OFFERED AT THE MASTERS! OVER 1,000 SQ. FT. OF SPACIOUS BUNGALOW-STYLE LIVING IN PRESTIGIOUS MARKLAND WOOD! This beautifully updated 2-bedroom, 2-bathroom suite delivers the space of a home with the convenience and incredible amenities of resort-style condo living.Bright, spacious and move-in ready, featuring an impressive open-concept living and dining area filled with natural light. The updated kitchen offers stainless steel appliances, tiled backsplash and a walkout to the balcony. The oversized primary bedroom is a true retreat with a RENOVATED ENSUITE, WALK-IN CLOSET AND PRIVATE BALCONY. A generous second bedroom, beautifully renovated 4-piece main bathroom and large in-suite laundry/storage room complete this exceptional layout.LIVE THE RESORT LIFESTYLE EVERY DAY! The Masters is set on approximately 11 acres of beautifully landscaped grounds overlooking Markland Wood Golf Club, with walking trails and an outstanding collection of amenities including INDOOR & OUTDOOR POOLS, tennis, squash and basketball courts, gym, sauna, party room, games room, billiards, table tennis, library, music room, BBQ areas and terrace/sun deck.SPACE, LOCATION & LIFESTYLE ALL IN ONE! An outstanding opportunity for buyers looking to downsize without sacrificing space or anyone wanting a larger condo in one of Etobicoke's most established communities. THIS ONE DESERVES TO BE SEEN!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,711/mo
Mortgage $2,134
Monthly Loss $3,150
Principal$562
Interest$1,572
Property Tax$219
Condo Fees$1,158
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.7%13
10-Year IRR
7.6%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$10,665/yr
Net Cash Flow
-$1,245/mo
Cash Margin
-45.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.2/ 100

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

Comparables

Properties near 284 Mill Road C2

Time

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