505-507 Marlee AVE Active

Toronto W04,ON M6B 3J3

$ 2990000

- Bed

- Bath

1800 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $1,661

MLS Listing ID W11836369

Annual Tax Amount $7,329

Tax Year 2023

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!

Location

Province ON

County Toronto

Community Yorkdale-Glen Park

Area Toronto

Region Yorkdale-Glen Park

City Region Yorkdale-Glen Park

Interior

Cooling Yes

Exterior

Community Features Major Highway,Subways

Utilities Available Yes

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