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604-606 Marlee Avenue

604-606 Marlee Avenue

Toronto W04, ON

1,733 sqft • Investment • 77 days on market

$1,650,000

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.

Listing Details

Taxes (2025)
$7,496
Listed
June 12, 2026

Price History

Listing history

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Property

Age
51-99
Lot Size
17.93 x 100.16 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Marlee Ave/Glencairn Ave
Zoning
Commercial
Parcel Number
102260258
Possession
Immediate

Commercial

Occupancy
Partial
Office / Apartment Area
3000 Sq Ft

Community

Postal area M6B

Population
28,534
Private dwellings
11,630
Median age
42
Average household size
2.6
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W04 · last 12 months

Median sold price
$810,000
Homes sold
583
Median days on market
26
Sale-to-list price
98.2%

Based on 583 recorded sales of commercial properties in Toronto W04 over the last 12 months.

Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Location

Commercial figures

Building area
1,733 sq ft
Price per sq ft
$952.11
Annual property tax
$7,496
Tax per sq ft
$4.33

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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