909-155 Marlee Avenue, Toronto, ON

Briar Hill-Belgravia, Toronto · MLS® W13011458

$509,000
For Sale
Listed 91 days ago
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2Bedrooms
1Bathrooms
1Garage
1000-1199Sq Ft

About this home

Rarely available, spacious 2 bedroom east facing condo in prime location with large balcony and great view. Unit includes w/in closet in primary bedroom and separate room that could be used for storage, laundry or an office space. 5 Min Walk To Glencairn Or Eglinton West Subway. Easy Access To 401 & Allen Expressway. Building has indoor pool and great gym facility.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13011458
Bedrooms
2
Bathrooms
1
Size
1000-1199
Cross streets
Marlee/Ridelle
Parking
1 garage (underground)
Basement
None
Heating
Water
A/C
None
Exterior
Brick, Concrete
Maintenance
$929/mo
Exposure
South East
Property tax
$2,262 / 2025
Days on market
91
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

LaundryMain2.45 × 2.37 m

Enclosed

Dining RoomMain5.92 × 3.25 m

open concept · walk through · w/o to balcony

Primary BedroomMain5.20 × 3.32 m

walk-in closet(s) · east view

Living RoomMain5.92 × 3.25 m

open concept · hardwood floor · east view

Bedroom 2Main3.60 × 2.58 m

East View

KitchenMain4.30 × 3.00 m

Galley Kitchen

Moe’s TakeTeam Asgarian · Broker
In line
$780Kest. value

Listed at $509,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Briar Hill-Belgravia, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $592K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $500K
  • Bathrooms −$15K
  • Adjusts to $485K

That comparable adjusts to $485K; the $780K estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (J R Wilcox Community School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Marlee Ave at Stayner Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$485KGreat deal$860KOverpriced

Total price vs nearby homes. Fair value about $780K, median of 11 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$469kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1104-11 Wincott Drive$420k701-45 Sunrise Avenue$375k817-20 Dean Park Road$500k714-100 Wingarden Court$440k606-100 Canyon Avenue$610k

The 5 closest of 8 active listings nearby.

See all comparable homes
509kThis home420k375k500k440k610kThis home vs active comparables
Live market pulseActive comparables in Briar Hill-Belgravia · median list $620K
$463this home / sqft
5active listings nearby
91days on market

This home lists 31% below the area average of $673/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Briar Hill-Belgravia, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

81/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Marlee Ave at Stayner Ave, about 61 m away

20+ transit stops10 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$1.39M
Church-Yonge Corridor
$574K
Willowdale East
$441K
Waterfront Communities C1
$688K
Willowdale West
$770K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near J R Wilcox Community School
72%
J R Wilcox Community SchoolPublic · Elementary · 1.2 km awayAround the GTA average · 72% meet the provincial standard
West Preparatory Junior Public SchoolEQAO results not published
Frank Oke Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,320/mo
$115KIncome needed
4.4×Price ÷ income
$535Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

67%mortgage
Mortgage $2,320Property tax $189Condo fee $929Total carry $3,438

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,173per month

Mortgage amount $407,200 · 4.14% over 25 years

$101,800Down payment (20.0%)
$407,200Loan before insurance
$0CMHC premium
$3,290Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,173
Property tax
$189
Condo / maintenance fees
$929
Heating
$0
Estimated monthly cost
$3,290

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,655
Toronto municipal land transfer tax
$6,655
Estimated closing costs
$13,310

Plus your down payment of $101,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,639/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$244,691Total interest paid
$651,891Total of all payments
Principal $407,200 Interest $244,691
YearPrincipalInterestBalance
1$9,539$16,536$397,661
2$9,938$16,137$387,722
3$10,354$15,722$377,368
4$10,787$15,289$366,581
5$11,238$14,837$355,343
6$11,708$14,367$343,635
7$12,198$13,878$331,436
8$12,708$13,367$318,728
9$13,240$12,836$305,488
10$13,794$12,282$291,694
11$14,371$11,705$277,324
12$14,972$11,104$262,352
13$15,598$10,478$246,754
14$16,251$9,825$230,503
15$16,930$9,145$213,573
16$17,638$8,437$195,935
17$18,376$7,699$177,558
18$19,145$6,931$158,414
19$19,946$6,130$138,468
20$20,780$5,296$117,688
21$21,649$4,427$96,039
22$22,555$3,521$73,484
23$23,498$2,578$49,986
24$24,481$1,595$25,505
25$25,505$571$0

At the end of your 5-year term

Total paid over the term
$130,378
Principal paid down
$51,857
Interest paid
$78,521
Balance remaining
$355,343

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
4.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.0%
Gross yield
− Property tax $2,262− Condo fees $11,154− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,296

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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