505-507 Marlee Ave

Toronto, M6B3J3
For Sale
$2,990,000
505-507 Marlee Ave, Toronto
505-507 Marlee Ave
505-507 Marlee Ave
505-507 Marlee Ave
505-507 Marlee Ave
505-507 Marlee Ave
505-507 Marlee Ave
505-507 Marlee Ave
Retail
CATEGORY
1,800 Sq Ft
TOTAL AREA
W11836369
MLSID
Contact Us
Property Description
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!
Extras
*****VTB available at a rate lower than Big Five banks*****
Property Details
Category
Retail
Zoning
Cr1
Total Area
1,800 Sq Ft
Lot Size
18' x 100'
Taxes
$7,329 (2023)
Air Conditioning
Yes
Listing contracted with Mehome Realty (Ontario) Inc.
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