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505-507 MARLEE AVENUE, Toronto, Ontario, M6B 3J3

MLS® # W11836369
new listing
Commercial For Sale In Glen Park West, Toronto, Ontario
$2,990,000
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
505-507 Marlee Avenue, Toronto, ON
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ACTIVE
505-507 MARLEE AVENUE, Toronto, Ontario, M6B 3J3
$2,990,000

Property Information:

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! **** EXTRAS **** *****VTB available at a rate lower than Big Five banks***** (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Amenities Nearby: Highway
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 18.5 Feet
  • Lot Size: Bldg=18.5 x 100 FT
  • Zoning: CR1

Courtesy of: MEHOME REALTY (ONTARIO) INC.

REALTOR.ca  

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Location of 505-507 MARLEE AVENUE, Toronto, Ontario, M6B 3J3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 505-507 MARLEE AVENUE , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.9 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.9℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 505-507 MARLEE AVENUE , experiences 11 significant 2-day storms per year, with about 296.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 367.3mm of precipitation per year.

Precipitation Per Storm

Past
296.7mm
2050
367.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 505-507 MARLEE AVENUE, Toronto, Ontario, M6B 3J3

Life Stage

Older Families

Employment Type

Mixed

Average Household Income

$142,809.15

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.98 %

High school certificate or equivalent

26.97 %

Apprenticeship trade certificate/diploma

5.23 %

College/non-university certificate

13.5 %

University certificate (below bachelor)

1.81 %

University Degree

29.51 %

Commuter

Travel To Work

By Car

64.84 %

By Public Transit

22.23 %

By Walking

2.54 %

By Bicycle

0.02 %

By Other Methods

10.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.02 %

Houses

81.98 %

Own Vs. Rent

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