Active

505-507 Marlee Ave

Toronto Ontario, M6B 3J3

C$2,990,000


Active

Commercial

Prime Investment Opportunity in Yorkdale-Glen Park! Welcome to a highly sought-after commercial and residential mixed-use property in the vibrant Yorkdale-Glen Park community. This prime location is just a 5-minute walk from Glencairn subway station, minutes drive from highway 401, and only two subway stops from Yorkdale Shopping Mall-offering unbeatable convenience and accessibility. The property features: -Ground Floor: Currently tenanted by a thriving women's clothing store, providing a steady income stream. - Upper Level: A spacious 3-bedroom, 2-bathroom residential apartment, also tenanted month to month, offering additional rental income. The surrounding neighbourhood is undergoing rapid transformation, with numerous condominium developments underway or planned, further enhancing the area's growth and value potential. This property presents an incredible opportunity for investors and builders alike, whether you're looking for short-term returns or long-term growth. Don't miss out on this rare find in one of Toronto's most dynamic and up-and-coming neighbourhoods! Contact us today for more details!

W11836369

MLS ID

December 4, 2024

Updated

Map

505-507 Marlee Ave
Toronto Ontario, M6B 3J3

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Y


Heating

Yes


Heating Description

Gas Forced Air Closd

Exterior/Building Features

Lot Size

0.04 Acres

Other Property Details

Area Name

Yorkdale-Glen Park


Taxes

$7,329


Tax Frequency

Annually


Garage

No


Parking

None


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Zoning

CR1

 

Courtesy of Listed by , MEHOME REALTY (ONTARIO) INC.,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 11:09 AM UTC, 12/4/2024

 

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