135 Marlee Avenue 1904, Toronto W04

$569,000
135 Marlee Avenue 1904

$569,000

New
2d
Condo Apartment1 Storey/Apt

135 Marlee Avenue 1904, Toronto W04

Total Monthly Obligation $3,552

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
2d
Score
19
Yield
6.6%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-W14102880
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$2,056.39 (2026)
Maintenance-$885.02/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-90 Days / Flexible
Neighbourhood-Briar Hill-Belgravia
Title-Residential Condo & Other

No agent assigned

There is a reason units in this building don't sit on the market for long and have held their value better than the average Toronto condo. The details that make this home so comfortable and functional are also what make it a smart long term investment. There is an old saying that they don't make them like they used to," and that couldn't be more true here. The size and layout are refreshing. The large kitchen has full size appliances, tons of counter space and cabinetry, and plenty of room to gather around the center island. It feels like its own defined space while still flowing into the living and dining room. And isn't it refreshing to find a condo that can comfortably fit a real dining table? This is a home you can actually entertain in. Down the hall are two well sized bedrooms, two bathrooms - including a primary ensuite - and a den with a door. The laundry room doubles as ensuite storage, and there is even a separate linen closet! Another rare find in newer condos. Large north facing windows bring in plenty of natural light and open views, while the spacious balcony gives you room to sit back and take it all in. The suite also includes underground parking, reasonable price per square foot maintenance fees that cover all utilities, plus the opportunity to secure an external storage locker after a short wait on the building's waitlist. And all of this for under $570,000? That's great value. Now let's explore the location. 135 Marlee is less than a kilometre from both Eglinton West and Glencairn subway stations, even closer to the Eglinton LRT, and minutes from Allen Road for easy commutes outside the city. Love nature, walking or biking? Perfect. The building backs right on to the popular green space Kay Gardner Beltline. You are also in the sought after West Prep P.S. catchment, and benefit from a daycare and Sobeys just one block north. I could keep going, but I think you get it. Time to book a showing a fall in love!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$455,200
Land Transfer Taxes$7,855
Legal Fees (Est.)
$
Total cash required for closing$123,155

Total Monthly Obligation

$3,552/mo
Mortgage $2,295
Monthly Loss $2,948
Principal$604
Interest$1,691
Property Tax$171
Condo Fees$885
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.0%36
10-Year IRR
10.8%
Returns Index
18.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,296/yr
NOI
$18,490/yr
Net Cash Flow
-$754/mo
Cash Margin
-24.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.7/ 100

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

Comparables

Properties near 135 Marlee Avenue 1904

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.