74 Mourning Dove Crescent, Toronto, ON

Malvern, Toronto · MLS® E13874478

$949,000
For Sale
Listed 12 days agoNo offer date stated
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7+2Bedrooms
5Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Semi-detached two storey 7+2 Bedroom 5 Bathroom Home in a fantastic Malvern location.
  • Finished walkout Basement with separate entrance (currently collecting $1,500 per month).
  • Garage is converted to another separate unit can be converted back to garage (currently collecting $1,190 per month plus $2,400 from main floor).
  • Total rent collecting $5,090 plus Owner living in the 2nd floor.
  • Hwy 401, Ttc, Bus Stop, Shopping Mall, Supermarket, Enjoy Well-Know Park nearby, U Of T In Scarborough, Centennial College, Hospital, Pan Am Are Nearby.

Location matters! Semi-detached two storey 7+2 Bedroom 5 Bathroom Home in a fantastic Malvern location. Finished walkout Basement with separate entrance (currently collecting $1,500 per month). Main floor family room was converted to bed room can be easily converted back to family room. Garage is converted to another separate unit can be converted back to garage (currently collecting $1,190 per month plus $2,400 from main floor). Total rent collecting $5,090 plus Owner living in the 2nd floor. Close To All Amenities. Hwy 401, Ttc, Bus Stop, Shopping Mall, Supermarket, Enjoy Well-Know Park nearby, U Of T In Scarborough, Centennial College, Hospital, Pan Am Are Nearby. Seller or agent do not warrant retrofit status of the rental apartment. If the New Owner requires, The Current Owner can Convert the house back to single family unit on or before Closing. Don't Miss This Incredible Opportunity To Own A Move-In Ready Home In A Convenient Location! Seller will welcome pre-emptive offer if any. Some of the pictures are old*** Serious Buyers Only***

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13874478
Bedrooms
7+2 (9 total)
Bathrooms
5
Size
1500-2000 sq ft
Lot
17.09 × 121.03 ft
Cross streets
Neilson & Finch
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Apartment, Finished with Walk-Out, Separate Entrance
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,143 / 2025
Days on market
12
Listing brokerage
RE/MAX ACE REALTY INC.

Rooms

Bedroom 4Second3.33 × 2.59 m

Closet

KitchenMain3.95 × 2.13 m

ceramic floor · modern kitchen

Bedroom 3Second3.33 × 3.03 m

Closet

Primary BedroomSecond4.87 × 3.35 m

hardwood floor · walk-in closet(s)

Family RoomBasement4.51 × 2.59 m
OtherMain5.17 × 2.87 m

Parquet

Dining RoomMain3.65 × 3.31 m

Hardwood Floor

BedroomBasement3.83 × 3.31 m

hardwood floor · large window

BedroomSecond4.87 × 3.35 m

Hardwood Floor

BedroomBasement2.39 × 1.78 m
KitchenBasement2.39 × 1.78 m
Bedroom 2Second3.70 × 2.59 m

Closet

BedroomBasement2.39 × 2.59 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Tom Longboat Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Malvern, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Tom Longboat Junior Public School
78%
Tom Longboat Junior Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 78% meet the provincial standard
Dr Marion Hilliard Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Sacred Heart Catholic School · Catholic elementary0.6 km · 67% at standard
Mary Shadd Public School · Public elementary0.6 km · 56% at standard
Thomas L Wells Public School · Public elementary0.9 km · 80% at standard
St Mother Teresa Catholic Academy · Catholic secondary1.2 km · 50% at standard
Brookside Public School · Public elementary1.5 km · 69% at standard
St Bede Catholic School · Catholic elementary1.5 km
Heritage Park Public School · Public elementary1.5 km · 68% at standard
Alexander Stirling Public School · Public elementary1.5 km · 49% at standard
St. Pier Giorgio Frassati Catholic School · Catholic elementary1.6 km · 73% at standard
St Columba Catholic School · Catholic elementary1.6 km · 40% at standard
Berner Trail Junior Public School · Public elementary1.7 km · 56% at standard
Grey Owl Junior Public School · Public elementary1.7 km · 54% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,325/mo
$179KIncome needed
5.3×Price ÷ income
$998Weekly cost
$30,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $4,325Property tax $345Total carry $4,671

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,198per month

Mortgage amount $759,200 · 4.49% over 25 years

$189,800Down payment (20.0%)
$759,200Loan before insurance
$0CMHC premium
$4,543Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,198
Property tax
$345
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,543

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,455
Toronto municipal land transfer tax
$15,455
Estimated closing costs
$30,910

Plus your down payment of $189,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,081/monthPayment at the qualifying rate

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

$500,124Total interest paid
$1,259,324Total of all payments
Principal $759,200 Interest $500,124
YearPrincipalInterestBalance
1$16,942$33,431$742,258
2$17,711$32,662$724,547
3$18,516$31,857$706,031
4$19,356$31,017$686,675
5$20,235$30,138$666,440
6$21,154$29,219$645,286
7$22,114$28,259$623,172
8$23,118$27,255$600,053
9$24,168$26,205$575,885
10$25,265$25,108$550,620
11$26,412$23,960$524,208
12$27,612$22,761$496,596
13$28,865$21,508$467,730
14$30,176$20,197$437,554
15$31,546$18,827$406,008
16$32,978$17,395$373,030
17$34,476$15,897$338,554
18$36,041$14,332$302,513
19$37,678$12,695$264,836
20$39,388$10,985$225,447
21$41,177$9,196$184,271
22$43,046$7,327$141,224
23$45,001$5,372$96,224
24$47,044$3,329$49,180
25$49,180$1,193$0

At the end of your 5-year term

Total paid over the term
$251,865
Principal paid down
$92,760
Interest paid
$159,105
Balance remaining
$666,440

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
3.0%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

4.0%
Gross yield
− Property tax $4,143− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,099

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ACE REALTY INC.. MLS®/PropTx.

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