MLS® listing
556 MARLEE Avenue 102: condo apartment for sale
$510,000
From the listing brokerage
Welcome to 556 Marlee Avenue, where modern design meets everyday convenience. This beautifully appointed 1-bedroom + den, 1-bath condo offers the perfect balance of style, comfort, and location - ideal for young professionals, first-time buyers, or savvy investors. Step into a bright and open-concept living space filled with natural light. The modern kitchen features sleek cabinetry, stainless steel appliances, and ample counter space - perfect for cooking and entertaining. The spacious bedroom offers a relaxing retreat, while the versatile den makes an excellent home office, guest area, or creative studio. Enjoy your private balcony, perfect for morning coffee or unwinding at sunset. The building provides excellent amenities including a fitness centre, party room, visitor parking, and on-site management. Situated in one of Toronto's most connected neighbourhoods, you'll love being just steps from Lawrence West Subway Station, Yorkdale Mall, Allen Road, and Highway 401. Shopping, dining, parks, and schools are all nearby - making this location both convenient and desirable. Property is currently tenanted for $2,150 until end of May 2026.
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $406 |
| Property tax | |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Common Elements Included, Building Insurance Included |
| Building amenities | Community BBQ, Concierge, Game Room, Gym, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Interior features | Other |
| Floor | 1 |
Listing courtesy of INTERNATIONAL REALTY FIRM, INC.. MLS® W12502656.
About this condo apartment
556 MARLEE Avenue 102 is a 2 bedroom condo apartment in TRREB's Yorkdale-Glen Park community in Toronto, listed for sale at $510,000. The listing shows 1 bathroom and 500-599 square feet. The style is given as apartment. The unit faces north. It comes with a locker (owned) according to the listing. The nearest main intersection given is MARLEE & GLENCAIRN.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: community bbq, concierge, game room, gym, party room/meeting room and visitor parking.
What it costs to buy 556 MARLEE Avenue 102
At the asking price of $510,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $510,000 |
|---|---|
| Ontario land transfer tax | $6,675 |
| Toronto municipal land transfer tax | $6,675 |
| Both taxes | $13,350 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $26,000 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $406 a month |
|---|
The listing says the maintenance fee includes common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $510,000, which is $40,000 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
Similar homes for sale in Toronto
$538,88820 Shore Breeze Drive LPH02B, Toronto, ON M8V 1A12 bedrooms · 1 bathroom · Condo ApartmentListed by RIGHT AT HOME REALTY. MLS® W13731300
$520,0008 Olympic Garden Drive S3401, Toronto, ON M2M 0B92 bedrooms · 1 bathroom · Condo ApartmentListed by FIRST CLASS REALTY INC.. MLS® C13696592
$839,000383 Sorauren Avenue 317, Toronto, ON M6R 0A42 bedrooms · 2 bathrooms · Condo ApartmentListed by CHESTNUT PARK REAL ESTATE LIMITED. MLS® W13866192
$710,000285 Dufferin Street 1608, Toronto, ON M6K 1E62 bedrooms · 2 bathrooms · Condo ApartmentListed by RIGHT AT HOME REALTY. MLS® W13234910
$569,999562 Eglinton Avenue E 401, Toronto, ON M4P 1P12 bedrooms · 2 bathrooms · Condo ApartmentListed by ROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE. MLS® C13875004
$752,999265 Ridley Boulevard 1803, Toronto, ON M5M 4N82 bedrooms · 2 bathrooms · Condo ApartmentListed by SUTTON GROUP INCENTIVE REALTY INC.. MLS® C13754286
Questions about 556 MARLEE Avenue 102
How much is land transfer tax on 556 MARLEE Avenue 102?
At the asking price of $510,000 the Ontario tax is $6,675 and the Toronto tax is $6,675, $13,350 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 556 MARLEE Avenue 102?
$26,000 at the asking price of $510,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 556 MARLEE Avenue 102?
The listing shows $406 a month, including common elements and building insurance. Check the current fee in the status certificate.
Is 556 MARLEE Avenue 102 priced above or below the median?
It is listed at $510,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $40,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 556 MARLEE Avenue 102?
Use the form on this page or call us. Quote MLS® W12502656. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 556 MARLEE Avenue 102 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.