$2,990,000
Available - For Sale
Listing ID: W11836369
505-507 Marlee Ave , Toronto, M6B 3J3, Ontario
| 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***** |
| Price | $2,990,000 |
| Taxes: | $7329.14 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 505-507 Marlee Ave , Toronto, M6B 3J3, Ontario |
| Postal Code: | M6B 3J3 |
| Province/State: | Ontario |
| Lot Size: | 18.50 x 100.00 (Feet) |
| Directions/Cross Streets: | Glencairn Ave. & Marlee Ave. |
| Category: | Retail |
| Building Percentage: | N |
| Total Area: | 1800.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Major Highway Subways |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| MEHOME REALTY (ONTARIO) INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Yorkdale-Glen Park |
| Lot Size: | 18.50 x 100.00(Feet) |
| Tax: | $7,329.14 |
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