556 Marlee Ave #405, Toronto

Name: 556 Marlee Avenue, Unit 405
SKU: W13715350
Price: 799000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 405 at 556 Marlee Avenue

Luxury 2+Den at The Dylan | Midtown Toronto Experience elevated urban living at The Dylan, a sought-after residence by Chestnut Hill Developments in the heart of Midtown Toronto. This stunning 2-bedroom + den, 2-bathroom suite offers a bright, modern open-concept layout with 9-foot ceilings, contemporary finishes, sleek cabinetry, and a spacious den ideal for a home office or flexible living space. Enjoy beautiful southwest exposure with an abundance of natural light and a lovely open view. The thoughtfully designed kitchen flows seamlessly into the living and dining areas, creating the perfect space for both everyday living and entertaining. Residents enjoy an impressive collection of amenities, including a state-of-the-art fitness centre, outdoor dining area with BBQs and fire pit, party room, entertaining kitchen, lounge, meeting area, and more. Perfectly located just 3 minutes from Glencairn Subway Station and approximately 6 minutes from the Eglinton LRT, with easy access to the 401, 400 and 404. Yorkdale Shopping Centre, York University, Downsview Park and Lawrence Allen Centre are all nearby. Everyday essentials are within easy reach, including Fortinos, LCBO, Canadian Tire, PetSmart, Winners and HomeSense. A rare opportunity to own one of the standout suites in The Dylan in one of Midtown Toronto's most convenient and connected neighbourhoods.

2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $999 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 556 Marlee Ave #405

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

556 Marlee Ave #405 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 24, 2026For saleListedThis listingMLS® W13715350$799,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 556 Marlee Ave #405 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,686Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 405 — 556 Marlee Avenue 2 bd · 2 ba · 800 sqft	$799,000asking	$999	—	—
2067 Lake Shore Boulevard 2 bd · 2 ba · 900 sqft
5 Valhalla Inn Road 1 bd · 1 ba · 700 sqft
199 Richmond Street 1 bd · 1 ba · 500 sqft
23 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
88 Harbour Street 1 bd · 1 ba · 500 sqft
280 Simcoe Street 2 bd · 2 ba · 1,400 sqft

2067 Lake Shore Boulevard
2 bd · 2 ba · 900 sqft
5 Valhalla Inn Road
1 bd · 1 ba · 700 sqft
199 Richmond Street
1 bd · 1 ba · 500 sqft
23 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
88 Harbour Street
1 bd · 1 ba · 500 sqft
280 Simcoe Street
2 bd · 2 ba · 1,400 sqft

More in this building

4 for sale · 4 for rent at 556 Marlee Ave — plus its sale and lease history.

See all of 556 Marlee Ave

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Glencairn StationLine 1260 m3 min walk
Lawrence West StationLine 1710 m9 min walk
Cedarvale StationLine 1, Line 51.2 km15 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Glencairn Station (Line 1)3 min walk
Lawrence West Station (Line 1)9 min walk
Cedarvale Station (Line 1, Line 5)15 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Glencairn Station
260 m3 minClosest· Line 1
Homes near Glencairn Station
Lawrence West Station
710 m9 min· Line 1
Homes near Lawrence West Station
Cedarvale Station
1.2 km15 min· Line 1, Line 5
Homes near Cedarvale Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 556 Marlee Ave #405. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 556 Marlee Ave #405

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,925; 20% down · 25 years · 5.5% assumed
Property tax: $439; 0.66% mill rate · ON
Total per month: $4,364; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,925

/mo

based on the purchase price of $799,000

Down payment20%

$159,800 cash

Amortization25 yr

$639,200 financed

Rate5.50%

$538,374 total interest

Principal54%$639,200

Interest46%$538,374

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 556 Marlee Ave #405

How much is 556 Marlee Ave #405 listed for?

556 Marlee Ave #405 is listed at $799,000 (MLS® W13715350). Summitly updates the price as soon as the MLS® record changes.

Is $799,000 a good price for 556 Marlee Ave #405?

Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 556 Marlee Ave #405 changed?

No — 556 Marlee Ave #405 is still listed at its original asking price of $799,000.

How many bedrooms and bathrooms does 556 Marlee Ave #405 have?

556 Marlee Ave #405 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.

Is 556 Marlee Ave #405 close to transit?

The nearest rapid-transit station is Glencairn Station (Line 1), about 260 m (about a 3-minute walk) in a straight line. Lawrence West Station is about 710 m (about a 9-minute walk), and Cedarvale Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 556 Marlee Ave #405?

About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 556 Marlee Ave #405 compare with other homes in Toronto?

Its asking price of $799,000 is about 5% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 556 Marlee Ave #405 been sold before?

Summitly has no earlier MLS® sale or lease of 556 Marlee Ave #405 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 556 Marlee Ave #405?

556 Marlee Ave #405 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 556 Marlee Ave #405 been on the market?

60 days — 556 Marlee Ave #405 was listed on August 24, 2026.

What is the price per square foot of 556 Marlee Ave #405?

About $889 to $999 per square foot: the asking price of $799,000 over the 800–899 sq ft the listing gives as its size range.

Does 556 Marlee Ave #405 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know