155 Marlee Avenue Unit 2204, Toronto W04

Price: $579,000

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13239948

Welcome to Suite 2204 at 155 Marlee Avenue, a bright and spacious 2-bedroom, 1-bathroom residence offering comfortable living in a highly convenient midtown location. Recently renovated to provide a fresh and updated feel, this move-in-ready suite presents an excellent opportunity for first-time buyers, downsizers, or investors alike. Perched on a high floor, the unit is filled with natural light and showcases expansive unobstructed views from its oversized private balcony, creating the perfect setting to enjoy stunning sunsets and city vistas. The functional layout offers generous principal rooms, ample storage, and a seamless blend of comfort and practicality. One underground parking space is also included. Residents enjoy a wide range of amenities, including an indoor swimming pool, exercise room, hobby room, and Sabbath elevator. Maintenance fees include heat, hydro, water, cable TV, and internet, offering exceptional value and worry-free living. Ideally located just steps to transit, the subway, shopping, parks, and everyday conveniences, this vibrant neighbourhood provides easy access to downtown Toronto and everything the city has to offer. A fantastic opportunity to own a bright and refreshed home in a well-established midtown community.

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New Listing
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$579,000 - 155 Marlee Avenue Unit 2204, York

Condo for Sale in York

New — Listed 6 days ago
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13239948
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
York / Weston
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Welcome to Suite 2204 at 155 Marlee Avenue, a bright and spacious 2-bedroom, 1-bathroom residence offering comfortable living in a highly convenient midtown location. Recently renovated to provide a fresh and updated feel, this move-in-ready suite presents an excellent opportunity for first-time buyers, downsizers, or investors alike. Perched on a high floor, the unit is filled with natural light and showcases expansive unobstructed views from its oversized private balcony, creating the perfect setting to enjoy stunning sunsets and city vistas. The functional layout offers generous principal rooms, ample storage, and a seamless blend of comfort and practicality. One underground parking space is also included. Residents enjoy a wide range of amenities, including an indoor swimming pool, exercise room, hobby room, and Sabbath elevator. Maintenance fees include heat, hydro, water, cable TV, and internet, offering exceptional value and worry-free living. Ideally located just steps to transit, the subway, shopping, parks, and everyday conveniences, this vibrant neighbourhood provides easy access to downtown Toronto and everything the city has to offer. A fantastic opportunity to own a bright and refreshed home in a well-established midtown community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,970.57/mo

Includes CMHC insurance ($16,154)

$
$
5%10%50%

5-yr fixed avg.

Principal: $521,100Interest: $353,917
Mortgage Amount$537,254
Total Interest$353,917
Est. Property Tax$410/mo
Total Cost$891,171

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: York / Weston

Discover York / Weston

York / Weston 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 York / Weston

  • 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

York / Weston 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

155 Marlee Avenue Unit 2204, York / Weston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$410
Insurance (est.)-$121
Net Cash Flow+$1,179

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

Competitive Pricing

At $579/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In York's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $2,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    155 Marlee Avenue Unit 2204, Yo… — $579,000 | Battaglia Team