Welcome to this remarkable investment located in the coveted neighborhood of Yorkdale-Glen Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Prime Mixed-Use Investment Opportunity. Well-maintained mixed-use property in a highly desirable location. The fully leased ground-floor retail space provides stable and reliable income. The upper floors feature two spacious two-storey, 2-bedroom residential apartments. Apartment A is currently vacant, presenting an excellent opportunity for owner-occupancy or immediate rental income. Apartment B is occupied on a month-to-month tenancy, offering flexibility for future occupancy plans and potential rental income optimization. Potential future development opportunities may further enhance the property's long-term value and investment appeal. A versatile asset ideal for investors, owner-operators, or those seeking a property with income and growth potential.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 604-606 Marlee Avenue, Toronto W04, ON M6B 3J5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,650,000 in Toronto, the legal minimum down payment is $330,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $29,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,475 also applies, bringing the total estimated land transfer taxes to $58,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.