Gallery
7
$2,690,000
505-507 Marlee Avenue, Toronto
Yorkdale-Glen Park

MLS#W11836369

505-507 Marlee Avenue, Toronto

$2,690,000

Yorkdale-Glen Park

MLS#W11836369

Home DetailsFeaturesExterior FeatureSales History

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! **EXTRAS** *****VTB available at a rate lower than Big Five banks***** Seller is RREA. Please see disclosure form on attachment

Home Details

Home Details

  • Category

  • Commercial

  • Status

  • Price Change

  • Days on Market

  • 141 Days

  • List date

  • 12/03/2024

  • Listing Updated On

  • 04/19/2025

  • Taxes / Year

  • $7,329.14 / 2023

  • Style

  • Investment

  • Type

  • Retail

  • Lot Size

  • 0.04 Acres

Features

Features

Heating & Cooling

  • Heating Type

  • Gas Forced Air Closed

  • Air Conditioning

  • Yes

Neighbourhood Influences

Neighbourhood Influences

Major Highway
Subways
Exterior Feature

Exterior Feature

Lot

  • Acres

  • 0.04 Acres

  • Frontage

  • 18 Ft

  • Depth

  • 100 Ft

Legal

  • Brokerage

  • Mehome Realty (Ontario) Inc.

Sales History

Sales History

Active

(141 days on market)

Viewing now

Price Change

2024-12-03

Listed For Sale

$2,690,000

MLS# W11836369

505-507 Marlee Avenue
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#114, 40 Landry Street
Ottawa, ON
K1L 8K4


Phone: 613.744.6697

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