508-556 Marlee Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13659844

$414,888
For Sale
Just listed today
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Brand New 1-Bed, 1-Bath Condo At The Dylan In North York. Be The First To Live In This Brand-New, Never-Before-Occupied Condo Located In The Highly Sought-After Dylan Building. Situated In The Heart Of North York, This Prime Location Puts You Steps Away From Major Attractions, Including The University, Yorkdale Shopping Centre, Top-Rated Schools, And A Variety Of Dining Options. Enjoy Unparalleled Convenience With Direct Access To Toronto's Largest Public Transit Hub, Including Subway, Buses, Go Transit, And Long-Distance Bus Services Right At Your Doorstep. Plus, With Quick Access To Highway 401, Getting Around The City Is A Breeze!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13659844
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Marlee Ave / Glencairn Ave.
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$397/mo
Exposure
South
Listing brokerage
RE/MAX NOBLECORP REAL ESTATE

Rooms

Living RoomMain3.04 × 3.04 m
KitchenMain2.19 × 2.92 m

Combined w/Living

Primary BedroomMain3.59 × 2.86 m
Our TakeTeam Asgarian · Broker
In line
$425Kest. value

Listed at $414,888, and my independent estimate is right in line with comparable homes.

In Yorkdale-Glen Park lately, sellers get about 98% of asking; homes sell in ~35 days.

List price
$386KGreat deal$447KOverpriced

Total price vs nearby homes. Fair value about $425K, median of 42 comparables.

How this estimate is builtthe short version

I take the 42 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is John Polanyi Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 42 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Yorkdale-Glen Park · asking prices
$439kavg asking

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

510-16 McAdam Avenue$419k208-3091 Dufferin Street$399k1201-830 Lawrence Avenue$438k613-3091 Dufferin Street$438k836-830 Lawrence Avenue$499k

The 5 closest of 7 active listings nearby.

See all comparable homes
415kThis home419k399k438k438k499kThis home vs active comparables
Live market pulseActive comparables in Yorkdale-Glen Park · median list $490K
$755this home / sqft
28active listings nearby
94sold nearby · 90 days
$486Kmedian sold price
98%of asking, on average

This home lists 0% above the area average of $757/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Yorkdale-Glen Park, 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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$450K
Bay Street Corridor
$886K
Willowdale East
$492K
Church-Yonge Corridor
$944K
High Park-Swansea
$589K

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 Glen Park Public School
54%
Glen Park Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,891/mo
$92KIncome needed
4.5×Price ÷ income
$436Weekly 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.

74%mortgage
Mortgage $1,891Property tax $259Condo fee $397Total carry $2,547

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 10, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,780per month

Mortgage amount $331,910 · 4.19% over 25 years

$82,978Down payment (20.0%)
$331,910Loan before insurance
$0CMHC premium
$2,437Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,780
Property tax
$259
Condo / maintenance fees
$397
Heating
$0
Estimated monthly cost
$2,437

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

One-time closing costs

Ontario land transfer tax
$4,773
Toronto municipal land transfer tax
$4,773
Estimated closing costs
$9,546

Plus your down payment of $82,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$2,161/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

$202,171Total interest paid
$534,081Total of all payments
Principal $331,910 Interest $202,171
YearPrincipalInterestBalance
1$7,722$13,641$324,188
2$8,049$13,314$316,140
3$8,390$12,974$307,750
4$8,745$12,618$299,005
5$9,115$12,248$289,890
6$9,501$11,862$280,389
7$9,903$11,460$270,485
8$10,323$11,041$260,163
9$10,760$10,604$249,403
10$11,215$10,148$238,188
11$11,690$9,673$226,498
12$12,185$9,178$214,313
13$12,701$8,662$201,612
14$13,239$8,125$188,373
15$13,799$7,564$174,574
16$14,383$6,980$160,190
17$14,992$6,371$145,198
18$15,627$5,736$129,571
19$16,289$5,074$113,282
20$16,978$4,385$96,303
21$17,697$3,666$78,606
22$18,447$2,917$60,160
23$19,228$2,136$40,932
24$20,042$1,322$20,890
25$20,890$473$0

At the end of your 5-year term

Total paid over the term
$106,816
Principal paid down
$42,021
Interest paid
$64,796
Balance remaining
$289,890

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$1,700/mo
$20,400Gross annual rent
2.4%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.

4.9%
Gross yield
− Property tax $2,904− Condo fees $4,761− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,891

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

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