505-507 Marlee Avenue, Toronto, ON M6B 3J3

Toronto W04 M6B 3J3 Ontario

MLS: W11836369

$2,690,000

Added 7 days ago | For Sale

Listed by: MEHOME REALTY (ONTARIO) INC.

About Property

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

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 18.5 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Glencairn Ave. & Marlee Ave.
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $7329.14
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W11836369

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