604 Marlee Avenue, Toronto, ON M6B 3J5

$1,499,000
3
BA

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Property Description

Prime Mixed-Use Investment Opportunity! Well-maintained mixed-use property in the Marlee/Glencairn Plaza with direct access to convenient plaza parking and subject to annual common plaza maintenace fees. Property is anchored by the fully leased ground-floor commercial retail space providing stable and reliable income flow. Upper levels are comprised of two spacious 2-storey residential units (2 bedroom/1 bathroom each). Apartment A presents an ideal opportunity for owner-occupancy, end-users or immediate rental income. The unit features updated broadloom on staircase, updated windows, updated 1x4pc. bathroom and painted throughout. Apartment B is currently occupied on a month-to-month tenancy. 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. Do not miss out!

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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..