505-507 Marlee Ave

LocationYorkdale-Glen Park, M6B 3J3
$2.69M For Sale
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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! **EXTRAS** *****VTB available at a rate lower than Big Five banks***** Seller is RREA. Please see disclosure form on attachment *****VTB available at a rate lower than Big Five banks*****

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 1,800 sqft
  • Commercial Parking Types
    Parking Types: None

Details

  • Commercial Zoning
    Zoning: CR1
  • Tax Amount
    Tax: $ 7,329
  • Alcohol Allowed
    Alcohol Allowed: N
  • Commercial Features
    Features: Major Highway, Subways
  • MLS
    W11836369
  • Listing contracted with: MEHOME REALTY (ONTARIO) INC.

Transit Accessibility

Glencairn Subway Station (0.2km)

Location