288 Mill Road G14, Toronto W08

$495,000
288 Mill Road G14

$495,000

New
20d
Condo Apartment2-Storey

288 Mill Road G14, Toronto W08

Total Monthly Obligation $4,209

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
20d
Score
16
Yield
8.0%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-W13863462
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-51-99
Taxes-$3,414.53 (2026)
Maintenance-$1,727.33/mo
Locker-Ensuite+Owned
Parking-1 - Underground
Basement-None
Heating-Other (Electric)
Brokerage-SUTTON GROUP OLD MILL REALTY INC.
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete Poured
Possession-Flexible/TBA
Neighbourhood-Markland Wood
Title-Residential Condo & Other

No agent assigned

This unique 2 Storey, 3-Bedroom, 2.5-Bath End-Unit Suite offers a rare layout with west-facing views of beautifully landscaped gardens and backs onto Markland Wood Golf & Country Club. Enjoy your own Private Terrace - Perfect for relaxing or gardening. Inside, the suite offers several standout features: a two-level laundry and storage room with excellent potential, and a deep main floor closet ideal for storing luggage or seasonal items. A dedicated main floor office provides a convenient workspace. The spacious living room overlooks the Terrace and Gardens, while a separate formal Dining Room connects to the Kitchen - ideal for Entertaining. The Primary bedroom includes a walk-in Closet, a 4-piece bathroom. Set on 11 acres of beautifully maintained grounds, The Masters offers resort-style amenities including indoor and outdoor pools, tennis and pickleball courts, a gym, clubhouse, and more. The community is pet-friendly and allows BBQ's adding to its appeal. A bonus - THE MASTERS - is in the process of a complete MODERN Renovation with Parts of the 4 buildings already completed. The Clubhouse has already gone through a complete upgrade and is outstanding. Along with our entrance lobbies in most of the 4 buildings have either been started or completed and are looking quite sleek. It will soon be a Brand-new looking Building (inside) to keep up with our totally unique exterior design.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$4,209/mo
Mortgage $1,997
Monthly Loss $3,683
Principal$525
Interest$1,471
Property Tax$285
Condo Fees$1,727
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
5.2%12
10-Year IRR
7.5%
Returns Index
6.9/ 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
$39,396/yr
NOI
$8,914/yr
Net Cash Flow
-$1,254/mo
Cash Margin
-38.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.1/ 100

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

Comparables

Properties near 288 Mill Road G14

Time

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