245 Mill Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Markland Wood. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,198,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 5 Bathrooms
- Premium 50 x 110 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: ERV/HRV
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Tucked away in a coveted and vibrant suburb 20 minutes from downtown, this rare and methodically customized home offers luxurious living space in a family-oriented, signature community. Masterfully appointed & beautifully re-designed, this complete and recent renovation showcases upscale finishes and thoughtful design elements throughout. The open-concept main floor is at the heart of this stylish and very welcoming home...complete with a decadent, chef-inspired kitchen, dining area, adjacent great / living room, home office area, powder room and entry to garage. Punctuated by exquisite herringbone hardwood flooring, quartz countertops & backsplash, pot lights, centre island, and top of the line appliances... you will appreciate the fine and fastidious attention to detail. Note the custom floating staircase with modern indirect lighting and striking wood accent wall that leads to the inspired 2nd level. Take in the quietly sophisticated primary bedroom with boutique hotel-like ensuite bathroom and haute couture closet with brilliant built-ins. Simply divine! Two additional modernized bathrooms and 3 sun-kissed bedrooms complete this upper level... all with hardwood flooring, generous closets and large, picturesque windows. Sneak away to the lower level family room and enjoy a movie by the cozy fireplace. Note the adjacent 3-pc bathroom, generous storage / utility area, laundry room and convenient cold cellar. Nestled on a pristine and fully fenced 50 x 110 ft. lot in sought-after Markland Wood...This is a home to move for!! Invest well... It's time.
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Pricing & Value Insights
Data-driven valuation for 245 Mill Road, Toronto W08, ON M9C 1Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,198,000 in Toronto, the legal minimum down payment is $439,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $41,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,425 also applies, bringing the total estimated land transfer taxes to $82,850.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
