521-556 Marlee Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13673952

$699,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Parking
700-799Sq ft

About this home

In short

  • Gorgeous 2 Bedrooms and 2 bathrooms corner unit at 5th Floor, specious 740 Sq.
  • Ft., Open Concept, large Balcony, Gourmet Kitchen, Highest quality finishes and minute walk to Glencairn Station.
  • Concierge attended lobby, fitness studio, game room, Fireplace Lounge, Meeting Space, Outdoor dining and grills, close to all amenities, HWY 401, Yorkdale Mall and...
  • The Dylan condos developed by Chestnut Hill Development, 10 Story building designed by award wining Kinkir Architects and Internationally renowned interior designer...

Gorgeous 2 Bedrooms and 2 bathrooms corner unit at 5th Floor, specious 740 Sq. Ft., Open Concept, large Balcony, Gourmet Kitchen, Highest quality finishes and minute walk to Glencairn Station. Concierge attended lobby, fitness studio, game room, Fireplace Lounge, Meeting Space, Outdoor dining and grills, close to all amenities, HWY 401, Yorkdale Mall and Schools. The Pinnacle of Luxuryliving.The Dylan condos developed by Chestnut Hill Development, 10 Story building designed by award wining Kinkir Architects and Internationally renowned interior designer Thomas Pierce at high demand Mid-Toronto "Glen Park/ Briar Hill neighborhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13673952
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Glencairn and Marlee
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$583/mo
Exposure
North East
Property tax
$2,783 / 2025
Days on market
67
Listing brokerage
RIGMAXX REALTY INC.

Rooms

KitchenFlat5.52 × 3.05 m
Primary BedroomFlat3.29 × 3.23 m
Bedroom 2Flat2.38 × 2.62 m
Family RoomFlat5.52 × 3.05 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

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.

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
Also nearby: 12 more schools within 2.5 km
St Charles Catholic School · Catholic elementary0.8 km · 62% at standard
West Preparatory Junior Public School · Public elementary1.1 km · 77% at standard
Regina Mundi Catholic School · Catholic elementary1.3 km · 63% at standard
Flemington Public School · Public elementary1.3 km · 36% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.3 km · 54% at standard
St Thomas Aquinas Catholic School · Catholic elementary1.4 km · 74% at standard
Lawrence Heights Middle School · Public elementary1.5 km · 44% at standard
J R Wilcox Community School · Public elementary1.7 km · 72% at standard
Fairbank Public School · Public elementary1.7 km · 59% at standard
Joyce Public School · Public elementary1.7 km · 64% at standard
Cedarvale Community School · Public elementary1.8 km · 85% at standard
Yorkdale Secondary School · Public secondary1.8 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,186/mo
$143KIncome needed
4.9×Price ÷ income
$735Weekly cost
$20,910Land transfer tax, one-time (Ontario + Toronto)
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.

80%mortgage
Mortgage $3,186Property tax $232Condo fee $583Total carry $4,001

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,907Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$232
Condo / maintenance fees
$583
Heating
$0
Estimated monthly cost
$3,907

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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$2,400/mo
$28,800Gross annual rent
2.2%Cap rate after taxes and upkeep

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.

4.1%
Gross yield
− Property tax $2,783− Condo fees $6,996− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,253

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

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