PH2 - 284 Mill Road

Markland Wood, Toronto

PH2 - 284 Mill Road, Markland Wood, Toronto

$575,000


Bedrooms: 1

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $718.75


About this Condo

in Markland Wood, Toronto

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 almost completed. Resort-style amenities await you in this highly sought after community complete this rare and exceptional offering.

Listed by SUTTON GROUP OLD MILL REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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