403-135 Marlee Avenue, Toronto, ON

Briar Hill-Belgravia, Toronto · MLS® W13426804

$619,000
For Sale
Listed 37 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Beautifully renovated 2 bedroom, 2 bathroom suite offering exceptonal space, natural light and oustanding value in Midtown Toronto. Recent improvements include: Renovated kitchen with custom cabinetry, quartz countertops, updated flooring and appliances. Updated electrical wiring in the kitchen, laundry and bathrooms, New electrical panel, New stove, refrigerator, microwave and dishwasher. En-suite laundry with tiled flooring. Fully renovated bathrooms featuring: updated electrical, wiring, updated plumbing, Whirlpool jacuzzi tub, new wall and floor tile finishes. Additional features: floor-to-ceiling windows, spacious living and dining room areas, spacious balcony with open north-facing views. Residents of 135 Marlee enjoy exceptional amenities including an indoor pool, sauna, gym, renovated party room, visitor parking, bike storage, and oustanding on-site management. Maintenance fees include all utilities, providing both convenience and long-term value. Ideally located steps to public transit, the Eglinton Crosstown LRT, Cedarvale Station, Glencairn Station, shopping, restaurans, groceries, parks and the Beltline Trail. A daycare and swim school directly across the street add further appeal for families. Move-in ready, generously sized, and ideally located, this home offers exceptional value in of Toronto's most connected neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13426804
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Marlee Ave. and Roselawn Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$885/mo
Exposure
North
Property tax
$2,092 / 2026
Days on market
37
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Dining RoomFlat3.28 × 2.38 m

combined w/kitchen · window floor to ceiling · w/o to balcony

Bedroom 2Flat4.43 × 3.15 m

laminate · closet · window floor to ceiling

KitchenFlat3.84 × 3.34 m

open concept · stainless steel appl · renovated

Primary BedroomFlat5.40 × 3.15 m

laminate · closet · window floor to ceiling

Living RoomFlat3.35 × 2.38 m

combined w/dining · window floor to ceiling · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$745Kest. value

Listed at $619,000, 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 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $466K, 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 $770K
  • Adjusts to $770K

That comparable adjusts to $770K; the $745K estimate above is the median of all 19 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 Roselawn Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$537KGreat deal$827KOverpriced

Total price vs nearby homes. Fair value about $745K, median of 19 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • 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.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$690kavg asking

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

727-10 Capreol Court$629k606-100 Canyon Avenue$610k710-3260 SHEPPARD Avenue$698k316-20 Bloorview Place$745k2410-5500 Yonge Street$770k

The 5 closest of 8 active listings nearby.

See all comparable homes
619kThis home629k610k698k745k770kThis home vs active comparables
Live market pulseActive comparables in Briar Hill-Belgravia · median list $620K
$652this home / sqft
5active listings nearby
37days on market

This home lists 3% above the area average of $636/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

84/ 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 Roselawn Ave, about 28 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
Waterfront Communities C1
$688K
Willowdale East
$441K
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 · 0.9 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
$2,821/mo
$133KIncome needed
4.7×Price ÷ income
$651Weekly 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.

73%mortgage
Mortgage $2,821Property tax $174Condo fee $885Total carry $3,881

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)
$2,643per month

Mortgage amount $495,200 · 4.14% over 25 years

$123,800Down payment (20.0%)
$495,200Loan before insurance
$0CMHC premium
$3,702Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,643
Property tax
$174
Condo / maintenance fees
$885
Heating
$0
Estimated monthly cost
$3,702

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

One-time closing costs

Ontario land transfer tax
$8,855
Toronto municipal land transfer tax
$8,855
Estimated closing costs
$17,710

Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,210/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

$297,571Total interest paid
$792,771Total of all payments
Principal $495,200 Interest $297,571
YearPrincipalInterestBalance
1$11,601$20,110$483,599
2$12,086$19,625$471,513
3$12,592$19,119$458,921
4$13,118$18,593$445,803
5$13,667$18,044$432,136
6$14,239$17,472$417,897
7$14,834$16,877$403,063
8$15,455$16,256$387,608
9$16,101$15,610$371,507
10$16,775$14,936$354,732
11$17,476$14,234$337,256
12$18,207$13,503$319,049
13$18,969$12,742$300,080
14$19,762$11,948$280,317
15$20,589$11,122$259,728
16$21,450$10,261$238,278
17$22,347$9,363$215,931
18$23,282$8,429$192,648
19$24,256$7,455$168,392
20$25,271$6,440$143,122
21$26,328$5,383$116,794
22$27,429$4,282$89,365
23$28,576$3,135$60,789
24$29,772$1,939$31,017
25$31,017$694$0

At the end of your 5-year term

Total paid over the term
$158,554
Principal paid down
$63,064
Interest paid
$95,490
Balance remaining
$432,136

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$3,050/mo
$36,600Gross annual rent
3.1%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.

5.9%
Gross yield
− Property tax $2,092− Condo fees $10,620− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,262

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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