For Sale - 604-606 Marlee Avenue, Toronto, Ontario

Est payment $7,923/mo
Views   3
Time on Jump  17 day
  • Well-maintained mixed-use property in a desirable location for reliable income.
  • Fully leased ground-floor retail space ensures stable cash flow.
  • Two spacious two-bedroom apartments with flexible occupancy options.
  • Vacant apartment offers immediate rental income or owner occupancy.
  • Potential for future development to increase long-term property value.



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 IDW13439866
Address604-606 Marlee Avenue
CityToronto, Ontario
Price$1,650,000
StyleInvestment
Land Size1786.81
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling BaseboardSewer Sanitary+Storm
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Listing Agency:  ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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604-606 Marlee Avenue
Toronto , Ontario
$1,650,000
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