2 Del Ria Drive, Toronto W04

Price: $1,188,888

7 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12480798

Charming 4-bedroom bungalow nestled in Toronto's desirable Maple Leaf community. This well-maintained home offers a bright and functional layout with a spacious living area, eat-in kitchen, and a 4-piece bathroom on the main floor. This bungalow has separate entrance to a fully finished 3-bedroom basement apartment with second kitchen, 3-piece bathroom and generous living space that is currently leased. Tenants are willing to stay. Excellent income property. Enjoy the convenience of a single-car garage with a double driveway that accommodates up to four vehicles. Ideally located close to excellent schools, beautiful parks, shopping, and public transit, this property provides comfort and accessibility in a family-friendly neighborhood. Move in and make it your own! Beautiful family home with a separate entrance to a fully finished 3-bedroom basement apartment-perfect for extended family or a mortgage helper! Basement currently leased to AAA tenants willing to stay for immediate rental income. Bright main level with modern finishes in a family-friendly area close to schools, parks, shopping, and transit.

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$1,188,888 - 2 Del Ria Drive, York

Detached for Sale in York

160 days on market
7Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12480798
Property Type
Detached
Status
active
Days on Site
160
Bedrooms
7
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
York / Weston
Listing Brokerage
ROYAL LEPAGE PREMIUM ONE REALTY
Description

Charming 4-bedroom bungalow nestled in Toronto's desirable Maple Leaf community. This well-maintained home offers a bright and functional layout with a spacious living area, eat-in kitchen, and a 4-piece bathroom on the main floor. This bungalow has separate entrance to a fully finished 3-bedroom basement apartment with second kitchen, 3-piece bathroom and generous living space that is currently leased. Tenants are willing to stay. Excellent income property. Enjoy the convenience of a single-car garage with a double driveway that accommodates up to four vehicles. Ideally located close to excellent schools, beautiful parks, shopping, and public transit, this property provides comfort and accessibility in a family-friendly neighborhood. Move in and make it your own! Beautiful family home with a separate entrance to a fully finished 3-bedroom basement apartment-perfect for extended family or a mortgage helper! Basement currently leased to AAA tenants willing to stay for immediate rental income. Bright main level with modern finishes in a family-friendly area close to schools, parks, shopping, and transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,258.85/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $951,110Interest: $626,545
Mortgage Amount$951,110
Total Interest$626,545
Est. Property Tax$842/mo
Total Cost$1,577,655

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: York / Weston

Discover York / Weston

York / Weston is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in York / Weston

  • Convenient location in York / Weston
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

York / Weston offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2 Del Ria Drive, York / Weston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$3,410

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $594/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in York are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in York.

Investment Perspective

Looking at this as an investment: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    MLS# W12480798 — 2 Del Ria Drive | Battaglia Team