604-606 Marlee Avenue
604-606 Marlee Avenue
$1,650,000
$952/sq ft · 30 days on market
About This Listing
Prime Mixed-Use Investment Opportunity. Well-maintained mixed-use property in a highly desirable location. The fully leased ground-floor retail space provides stable and reliable income. The upper floors feature two spacious two-storey, 2-bedroom residential apartments. Apartment A is currently vacant, presenting an excellent opportunity for owner-occupancy or immediate rental income. Apartment B is occupied on a month-to-month tenancy, offering flexibility for future occupancy plans and potential rental income optimization. Potential future development opportunities may further enhance the property's long-term value and investment appeal. A versatile asset ideal for investors, owner-operators, or those seeking a property with income and growth potential.
| Monthly Mortgage (P&I) | $7,189 |
| Property Tax (MLS) | $625 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $7,814 |
Down payment: $330,000 (20.0%) · Mortgage: $1,320,000
Property tax uses MLS annual tax of $7,496/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: August 14, 2026 at 10:25 a.m.