299 Mill Road 502, Toronto W08

$749,000
299 Mill Road 502

$749,000

New
7d
Condo ApartmentApartment

299 Mill Road 502, Toronto W08

Total Monthly Obligation $4,835

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
15
Yield
5.3%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Condo Apartment
MLS® Number-W14090054
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,360 (2025)
Maintenance-$1,416.88/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Markland Wood
Title-Residential Condo & Other

No agent assigned

Welcome to 502 - 299 Mill Rd. offering sophisticated design, modern functionality and an exceptional sense of space in the highly sought-after Markland Wood community. This fully renovated 3 bedroom, 2 full-bathroom suite has been thoughtfully designed with high-end finishes and custom details throughout. The bright, open-concept living and dining area showcases elegant custom wall moulding and architectural paneling, creating beautiful designer-inspired feature walls that add depth, character and timeless sophistication to the space. Contemporary light fixtures and pot lights complement the clean, modern aesthetic, while warm-toned flooring adds a welcoming contrast to the crisp white interiors. The show-stopping kitchen features custom white cabinetry, sleek quartz countertops and backsplash, stainless steel appliances, under-cabinet lighting and a generous centre island with a stunning waterfall quartz edge. The island provides the perfect gathering space for casual meals, morning coffee or entertaining guests, while the thoughtful layout offers excellent storage and workspace. All three bedrooms are generously sized and feature custom built-in closets, providing exceptional organization and storage without compromising style. The two bathrooms have been beautifully renovated with top-of-the-line finishes, creating a luxurious, spa-inspired feel. Every detail has been carefully selected to create a cohesive, elevated interior, from the statement lighting and custom wall treatments to the elegant finishes and modern millwork. This is a true turnkey home with the look and feel of a custom-designed residence. Located in the established and family-friendly Markland Wood neighbourhood, residents enjoy a peaceful residential setting surrounded by parks, trails, schools, shopping and everyday conveniences. The area offers easy access to public transit, Burnhamthorpe Road and Highway 427, making commuting throughout Toronto and the GTA convenient.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,835/mo
Mortgage $3,021
Monthly Loss $4,040
Principal$795
Interest$2,226
Property Tax$197
Condo Fees$1,417
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.9%11
10-Year IRR
6.9%
Returns Index
6.6/ 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
$39,360/yr
NOI
$13,661/yr
Net Cash Flow
-$1,883/mo
Cash Margin
-57.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.4/ 100

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

Comparables

Properties near 299 Mill Road 502

Time

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Data last updated within the past 24 hours.