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For Sale

284 Mill Road PH2 #PH2

Markland Wood, Toronto, ON
$575,000
1+1Bd
1Ba
850+sqft
1Parking
$676/sqft
CondoMLS# W12728482Listed 2026-01-2684 DOM
Cooling
Central Air

On the market for 84 days — longer than average. The seller may be open to negotiation.

About this home

First time offered in 50 years! This Bungalow-style penthouse residence at The Masters has been proudly held by its original owner. Enjoy unobstructed south easterly city views from three private balconies. Offering 895 sq. ft. of refined interior living space, the suite features a spacious and versatile floor plan. Originally designed as a 1 bedroom + den with 2 baths, easily modified to a 2 bedroom / 2 bath configuration. The generous primary retreat includes a walk-in closet, 3-piece ensuite and private balcony. Notable building upgrades include new hot water risers throughout and three new HVAC units installed in the unit in 2024. Common areas are currently being modernized, with a new gym and clubhouse ready for use. Resort-style amenities await you in this highly sought after community and complete this rare and exceptional offering.

Rooms

Other
Living Room6.10 × 5.33 m
Dining Room6.10 × 5.33 m
Kitchen3.86 × 2.70 m
Den4.42 × 2.92 m
Bedroom6.83 × 3.55 m
Laundry3.48 × 1.00 m

Features

  • Primary Bedroom - Main Floor
  • None
  • Central Air
  • Apartment

Financials

Annual Taxes
$2,701.17

Estimated Rental Income

Entire property$2,100 – $2,800/mo
Rental yield4.4% – 5.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market84 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 32.3% above estimate
Estimated range
$402K$467K
Mid-point $435K · ~$511/sqft
How this listing compares
$402KList · $575K$467K
Medium confidence·Based on 14 markland wood comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$575,000
284 Mill Road PH2, Toronto
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