722 Marlee Avenue 301, Toronto W04

$638,000
722 Marlee Avenue 301

$638,000

New
4d
Condo ApartmentApartment

722 Marlee Avenue 301, Toronto W04

Total Monthly Obligation $3,283

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
4d
Score
20
Yield
5.2%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-W14096620
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$509.87/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Aluminum Siding
Roof-Flat
Foundation-Poured Concrete
Possession-30/TBD
Neighbourhood-Yorkdale-Glen Park
Title-Residential Condo & Other

No agent assigned

Brand New Luxury Living at Marla on the Park! Discover this never-lived-in 2-bedroom, 2-bathroom residence offering 729 sq. ft. of thoughtfully designed interior living space, complemented by an 84 sq. ft. covered balcony. Situated on the third floor of an exclusive 28-suite boutique condominium, this beautifully appointed residence offers the perfect combination of modern sophistication, comfort, and convenience. Impressive 10-foot ceilings, expansive windows, and a bright open-concept layout create an inviting atmosphere with a wonderful sense of space. The contemporary European-inspired kitchen showcases high-end stainless steel and integrated built-in appliances, sleek cabinetry, and elegant finishes throughout. Two well-proportioned bedrooms and two full bathrooms provide exceptional flexibility for young professionals, couples, or those planning to start a family. The second bedroom is equally suited as a nursery, guest room, or dedicated home office. Step outside to your private covered balcony, an ideal space to enjoy your morning coffee, unwind after a busy day, or relax outdoors in any season. Nestled beside beautiful Wenderly Park in a peaceful residential neighbourhood, Marla on the Park offers an intimate boutique living experience just 500 metres from Glencairn Subway Station. Enjoy effortless access to downtown Toronto, Yorkdale Shopping Centre, major highways, restaurants, shopping, schools, and community centres. Perfect for young professionals seeking room to grow without compromising their urban lifestyle, this exceptional residence delivers the privacy of a boutique building with the connectivity and convenience of a central Toronto location. A rare opportunity to own a brand-new luxury condominium offering modern design, flexible living space, and an exceptional lifestyle in one of Toronto's charming residential communities!

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%
%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$510,400
Land Transfer Taxes$9,235
Legal Fees (Est.)
$
Total cash required for closing$138,335

Total Monthly Obligation

$3,283/mo
Mortgage $2,574
Monthly Loss $2,606
Principal$677
Interest$1,896
Condo Fees$510
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,976/yr
NOI
$21,160/yr
Net Cash Flow
-$810/mo
Cash Margin
-29.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 722 Marlee Avenue 301

Time

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