556 Marlee Avenue 412, Toronto W04

$599,900
556 Marlee Avenue 412

$599,900

New
21d
Condo ApartmentApartment

556 Marlee Avenue 412, Toronto W04

Total Monthly Obligation $3,070

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
21d
Score
20
Yield
4.9%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-W13857022
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$1 (2025)
Maintenance-$450/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Sotheby's International Realty Canada, Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Concrete
Possession-60-89 Days
Neighbourhood-Yorkdale-Glen Park
Title-Residential Condo & Other

No agent assigned

Step into refined urban living at The Dylan Condos, a contemporary Midtown Toronto sanctuary perfectly tailored for young professionals. Almost 700 sq ft of sun-drenched living space, this 1-bedroom + den, 2-bathroom suite pairs effortless functionality with modern design, featuring airy high ceilings, expansive floor-to-ceiling windows, and a seamless open-concept layout filled with natural light. The contemporary-inspired kitchen boasts sleek cabinetry, stainless steel appliances, and generous counter space made for casual weeknight dinners or weekend hosting, while the flexible den offers the ultimate high-speed home office for hybrid work. Retreat to a spacious primary bedroom complemented by two stylish full baths, in-suite laundry, an included parking space, a private storage locker, and dedicated bike parking. Beyond your front door, enjoy resort-style amenities including a state-of-the-art fitness centre, an elegant party room, visitor parking, and professional management-all set in a thriving, walkable neighbourhood just steps from Glencairn and Lawrence West Subway Stations for a quick commute downtown, direct access to the York Beltline Trail for outdoor workouts, and minutes from the world-class shopping at Yorkdale Mall, Allen Road, Highway 401, and the vibrant cafes and local markets along Marlee Avenue.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,070/mo
Mortgage $2,420
Monthly Loss $2,433
Principal$637
Interest$1,783
Property Tax$0
Condo Fees$450
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%32
10-Year IRR
10.1%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,640/yr
NOI
$18,875/yr
Net Cash Flow
-$847/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 556 Marlee Avenue 412

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.