74 Erie Street, Toronto W04

Price: $1,150,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: W13519768

Welcome to this charming 3-bedroom bungalow nestled in the heart of Toronto's sought-after Maple Leaf community. Situated on a huge private lot, this home offers 1677 sqft of single-level living, plus a finished walkout basement with both a side entrance and direct access to the garage-perfect for multi-generational living or rental potential. Step into the expansive great room extension, ideal for entertaining, which seamlessly walks out to a private, covered concrete deck overlooking a beautifully landscaped backyard oasis. The long driveway accommodates up to 3 vehicles, adding convenience and curb appeal. This property combines space, privacy, and location-just minutes from schools, parks, and major highways. Whether you're upsizing, downsizing, or investing, this bungalow checks all the boxes. St. John the Evangelist Catholic School, Pelmo Park Public School, C R Marchant Middle School, Weston Collegiate Institute, St. Basil-the-Great College School. Transit: Weston GO Station. TTC Bus Routes - Route 89 Weston: Connects to Keele and Wilson subway stations, Route 52Lawrence West: Runs east-west across the city, linking to Lawrence West subway station. Highway Access - Quick access to Highway 401 and 400.

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New Listing
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$1,150,000 - 74 Erie Street, York

Multi-Family for Sale in York

New — Listed 4 days ago

Neighbourhood: Maple Leaf

3Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
W13519768
Property Type
Multi-Family
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
York / Weston
Listing Brokerage
CITIBLOC REALTY
Description

Welcome to this charming 3-bedroom bungalow nestled in the heart of Toronto's sought-after Maple Leaf community. Situated on a huge private lot, this home offers 1677 sqft of single-level living, plus a finished walkout basement with both a side entrance and direct access to the garage-perfect for multi-generational living or rental potential. Step into the expansive great room extension, ideal for entertaining, which seamlessly walks out to a private, covered concrete deck overlooking a beautifully landscaped backyard oasis. The long driveway accommodates up to 3 vehicles, adding convenience and curb appeal. This property combines space, privacy, and location-just minutes from schools, parks, and major highways. Whether you're upsizing, downsizing, or investing, this bungalow checks all the boxes. St. John the Evangelist Catholic School, Pelmo Park Public School, C R Marchant Middle School, Weston Collegiate Institute, St. Basil-the-Great College School. Transit: Weston GO Station. TTC Bus Routes - Route 89 Weston: Connects to Keele and Wilson subway stations, Route 52Lawrence West: Runs east-west across the city, linking to Lawrence West subway station. Highway Access - Quick access to Highway 401 and 400.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5%20%50%

5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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: Maple Leaf

Discover Maple Leaf

Maple Leaf 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 Maple Leaf

  • 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

Maple Leaf 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

74 Erie Street, York / Weston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,745

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 $767/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.

Just Listed - Act Strategically

This property hit the market within the last week. In York's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Maple Leaf

I know Maple Leaf well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $4,792 (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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    74 Erie Street, York / Weston | $1,150,000 | Battaglia Team