$510,000 - 556 MARLEE Avenue Unit 102, York
Condo for Sale in York
293 days on marketNeighbourhood: Yorkdale-Glen Park
- MLS Number
- W12502656
- Property Type
- Condo
- Status
- active
- Days on Site
- 293
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- York / Weston
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- INTERNATIONAL REALTY FIRM, INC.
Welcome to 556 Marlee Avenue, where modern design meets everyday convenience. This beautifully appointed 1-bedroom + den, 1-bath condo offers the perfect balance of style, comfort, and location - ideal for young professionals, first-time buyers, or savvy investors. Step into a bright and open-concept living space filled with natural light. The modern kitchen features sleek cabinetry, stainless steel appliances, and ample counter space - perfect for cooking and entertaining. The spacious bedroom offers a relaxing retreat, while the versatile den makes an excellent home office, guest area, or creative studio. Enjoy your private balcony, perfect for morning coffee or unwinding at sunset. The building provides excellent amenities including a fitness centre, party room, visitor parking, and on-site management. Situated in one of Toronto's most connected neighbourhoods, you'll love being just steps from Lawrence West Subway Station, Yorkdale Mall, Allen Road, and Highway 401. Shopping, dining, parks, and schools are all nearby - making this location both convenient and desirable. Property is currently tenanted for $2,150 until end of May 2026.
Estimate your monthly payments for this property
Estimated Payment
$2,616.56/mo
Includes CMHC insurance ($14,229)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Yorkdale-Glen Park
Yorkdale-Glen Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Yorkdale-Glen Park
- •Convenient location in York / Weston
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Yorkdale-Glen Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
556 MARLEE Avenue Unit 102, York / Weston
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1020/sqft, this property is priced in line with current York market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 293 days on site, this property has exceeded the typical selling timeline for York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Yorkdale-Glen Park
I know Yorkdale-Glen Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.