34 Marilake Drive, Toronto, ON
Agincourt South-Malvern West, Toronto · MLS® E13516456
About this home
Welcome to 34 Marilake Drive, a beautifully renovated all-brick detached backsplit situated on a premium 55-foot lot in the heart of highly sought-after Agincourt. This spacious home offers 3+2 bedrooms, 2 updated bathrooms, a finished lower level, a double attached garage and parking for up to five vehicles, making it an exceptional choice for growing families, multi-generational living or those seeking additional space.Thoughtfully renovated and meticulously maintained, this move-in-ready home features a bright and functional layout with generous principal rooms, an updated kitchen, spacious living and dining areas, and a finished lower level offering outstanding flexibility for extended family, guests, a home office, recreation room or potential in-law living. The expansive side yard and backyard provide excellent outdoor living space for entertaining, gardening, children to play or future expansion, subject to applicable approvals.Ideally located in one of Scarborough's most established and family-friendly neighbourhoods, you'll enjoy convenient access to Highways 401, 404 and the DVP, TTC, Scarborough Town Centre, Agincourt Mall, supermarkets, restaurants, community centres, parks, libraries and everyday amenities. Families will appreciate the excellent nearby schools, including C.D. Farquharson Junior Public School and Agincourt Collegiate Institute.Positioned for future growth, the property is just minutes from the planned Sheppard-McCowan Station on the Scarborough Subway Extension and benefits from the proposed Sheppard East LRT corridor currently in the planning stage, offering exciting long-term transit connectivity and neighbourhood enhancement. Major updates include roof (2019) and windows (2016). Combining location, space, thoughtful renovations and outstanding future potential, this is a rare opportunity to own a beautiful family home on a premium lot in one of Scarborough's most desirable communities.
Key facts
- Property type
- Detached, Backsplit 3
- MLS®
- E13516456
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 55.02 × 104.41 ft
- Cross streets
- Sheppard and Midland
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double, Private, Front Yard Parking, Available
- Basement
- Apartment, Crawl Space, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,985 / 2026
- Days on market
- 15
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
laminate · window · fireplace
carpet free · combined w/dining · laminate
laminate · window
laminate · large closet · large window
tile floor · walk-out · overlooks backyard
laminate · closet · window
california shutters · combined w/living · laminate
laminate · closet · window
quartz counter · tile floor · stainless steel appl
tile floor · combined w/laundry
Listed at $899,999, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.12M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.20M
- Bedrooms −$30K
- Bathrooms −$30K
- Adjusts to $1.14M
That comparable adjusts to $1.14M; the $1.02M estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for C D Farquharson Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Midland Ave at Goodland Gate is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.02M, median of 12 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 34% below the area average of $1,041/sqft.
14 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Agincourt South-Malvern West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Midland Ave at Goodland Gate, about 103 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $719,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,842
- Property tax
- $415
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,258
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,475
- Toronto municipal land transfer tax
- $14,475
- Estimated closing costs
- $28,950
Plus your down payment of $180,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $230,531
- Principal paid down
- $91,692
- Interest paid
- $138,839
- Balance remaining
- $628,307
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.