608-155 Marlee Avenue, Toronto, ON

Briar Hill-Belgravia, Toronto · MLS® W13729534

$579,000
For Sale
Just listed today
2Bedrooms
1Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome to 155 Marlee. A fantastic new home awaits with over 1000 square feet of living space and a large balcony with a terrific residential view. Fully renovated, with a gorgeous new kitchen, a fantastic use of space, to easily make this your forever home. The master bedroom has a walk-in closet rarely seen in any other condo building, giving you the storage you always needed. Building amenities include bike storage, storage lockers, an exercise room, a games room, and a well-used children's recreation and playroom. Residents also enjoy visitor parking, an indoor pool, a gym, a sauna, and recent updates to the parking garage and landscaping. The Briar Hill-Belgravia neighborhood offers easy access to parks, schools, local shops, and transit, along with quick connections to the highways, Yorkdale, and the now-open Eglinton LRT. This condo truly feels like a home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13729534
Bedrooms
2
Bathrooms
1
Size
1000-1199
Cross streets
Ridelle and Marlee
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Maintenance
$941/mo
Exposure
West
Property tax
$2,317 / 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.
Our TakeTeam Asgarian · Broker
In line
$578Kest. value

Listed at $579,000, and my independent estimate is right in line with comparable homes.

List price
$541KBelow asking range$644KAbove asking range

Total price vs nearby homes. Fair value about $578K, median of 5 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $527/sqft against an area asking average of $578/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 5 most comparable recent listings 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 listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $486K, a bit lower.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

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

Based on 5 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Briar Hill-Belgravia · asking prices
$620kavg asking

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

909-155 Marlee Avenue $453/sqft$498k703-2433 Dufferin Street $589/sqft$559k208-2433 Dufferin Street $658/sqft$625k507-2433 Dufferin Street $616/sqft$800k

Per square foot, these ask about $579/sqft; this home lists at $527/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
579kThis home498k559k625k800kThis home vs active comparables

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.

Nearby neighbourhoods

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

Mount Pleasant West
$670K
Annex
$2.61M
Bay Street Corridor
$597K
Church-Yonge Corridor
$647K
Waterfront Communities C1
$601K

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
$2,639/mo
$128KIncome needed
4.5×Price ÷ income
$609Weekly 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.

70%mortgage
Mortgage $2,639Property tax $193Condo fee $941Total carry $3,773

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,497per month

Mortgage amount $463,200 · 4.24% over 25 years

$115,800Down payment (20.0%)
$463,200Loan before insurance
$0CMHC premium
$3,631Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,497
Property tax
$193
Condo / maintenance fees
$941
Heating
$0
Estimated monthly cost
$3,631

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

One-time closing costs

Ontario land transfer tax
$8,055
Toronto municipal land transfer tax
$8,055
Estimated closing costs
$16,110

Plus your down payment of $115,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$3,030/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

$285,949Total interest paid
$749,149Total of all payments
Principal $463,200 Interest $285,949
YearPrincipalInterestBalance
1$10,702$19,264$452,498
2$11,161$18,805$441,337
3$11,639$18,327$429,698
4$12,138$17,828$417,560
5$12,658$17,308$404,903
6$13,200$16,766$391,703
7$13,766$16,200$377,937
8$14,356$15,610$363,581
9$14,971$14,995$348,610
10$15,612$14,354$332,998
11$16,281$13,685$316,717
12$16,979$12,987$299,738
13$17,706$12,260$282,032
14$18,465$11,501$263,566
15$19,256$10,710$244,310
16$20,081$9,884$224,229
17$20,942$9,024$203,287
18$21,839$8,127$181,447
19$22,775$7,191$158,672
20$23,751$6,215$134,921
21$24,769$5,197$110,153
22$25,830$4,136$84,323
23$26,937$3,029$57,386
24$28,091$1,875$29,295
25$29,295$671$0

At the end of your 5-year term

Total paid over the term
$149,830
Principal paid down
$58,297
Interest paid
$91,532
Balance remaining
$404,903

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
3.8%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.

7.0%
Gross yield
− Property tax $2,317− Condo fees $11,287− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,107

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

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