556 Marlee Avenue Unit 314, Toronto W04

Price: $799,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13563348

Welcome to The Dylan, where modern luxury meets exceptional convenience. This beautifully appointed one-bedroom, two-bathroom suite features a spacious open den, offering the perfect space for a home office, reading nook, or flexible living area.Ideally located in one of the city's most vibrant and well-connected neighbourhoods, this contemporary residence places you just steps from public transit, premier shopping, restaurants, parks, and all the everyday amenities that make urban living effortless. Designed with both style and functionality in mind, the bright open-concept layout is enhanced by quality finishes throughout. The sleek modern kitchen showcases quartz countertops, contemporary cabinetry, and premium stainless steel appliances, seamlessly flowing into the spacious living and dining areas-perfect for everyday living or entertaining.Additional highlights include laminate flooring throughout, two bathrooms, modern fixtures, and a private balcony with beautiful views, creating the perfect space to relax and unwind.Whether you're a first-time buyer, professional, downsizer, or investor, this exceptional suite offers the ideal combination of comfort, style, and an unbeatable location. Bonus: No maintenance fees for balance of 2026.

556 Marlee Avenue Unit 314 - Condo photo 1 of 23 in York / Weston, Ontario
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active
1/23

$799,000 - 556 Marlee Avenue Unit 314, York

Condo for Sale in York

40 days on market

Neighbourhood: Yorkdale-Glen Park

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13563348
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
York / Weston
Locker
Exclusive
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Description

Welcome to The Dylan, where modern luxury meets exceptional convenience. This beautifully appointed one-bedroom, two-bathroom suite features a spacious open den, offering the perfect space for a home office, reading nook, or flexible living area.Ideally located in one of the city's most vibrant and well-connected neighbourhoods, this contemporary residence places you just steps from public transit, premier shopping, restaurants, parks, and all the everyday amenities that make urban living effortless. Designed with both style and functionality in mind, the bright open-concept layout is enhanced by quality finishes throughout. The sleek modern kitchen showcases quartz countertops, contemporary cabinetry, and premium stainless steel appliances, seamlessly flowing into the spacious living and dining areas-perfect for everyday living or entertaining.Additional highlights include laminate flooring throughout, two bathrooms, modern fixtures, and a private balcony with beautiful views, creating the perfect space to relax and unwind.Whether you're a first-time buyer, professional, downsizer, or investor, this exceptional suite offers the ideal combination of comfort, style, and an unbeatable location. Bonus: No maintenance fees for balance of 2026.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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.

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Neighbourhood Guide: Yorkdale-Glen Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

556 Marlee Avenue Unit 314, York / Weston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,013

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1141/sqft, this property is priced above the York average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 700 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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    556 Marlee Avenue Unit 314, York / Weston | $799,000 | Battaglia Team