73 Elm Grove Avenue, Toronto, ON
South Parkdale, Toronto · MLS® W13715974
About this home
In short
- 73 Elm Grove Ave is Queen West's Best Kept Secret.
- Here at 73 Elm Grove, a stunning 4-unit Victorian with an attached garage - because your vintage Porsche deserves better than street parking and more upside than...
- The main level is the owner's unit, and it's an exceptional one: a 2-bed, 2-bath home with huge principal rooms full of charm and character, a powder room, a full...
- Upstairs: a 2-bed, 1-bath unit, a 1-bed, 1-bath unit, and a third-floor loft-style bachelor that's the stuff of tenant dreams.
- Downstairs, a clean, open walkout basement, a blank canvas, ready for your architect and contractor to reimagine.
73 Elm Grove Ave is Queen West's Best Kept Secret. This neighbourhood doesn't need an introduction. World-renowned, trendsetting, the vibe that everyone else is trying to copy and hiding just off its edge is a rare piece of Victorian real estate that quietly does something rarer than trendy: it prints money and looks incredible doing it. Here at 73 Elm Grove, a stunning 4-unit Victorian with an attached garage - because your vintage Porsche deserves better than street parking and more upside than you've seen in years. The main level is the owner's unit, and it's an exceptional one: a 2-bed, 2-bath home with huge principal rooms full of charm and character, a powder room, a full spa-inspired bath, and two king-sized bedrooms. The kitchen is massive, built around an island, with a walkout to your own New York-style outdoor hangout. Live here, collect income from the rest - an opportunity you didn't think existed at this price point. Upstairs: a 2-bed, 1-bath unit, a 1-bed, 1-bath unit, and a third-floor loft-style bachelor that's the stuff of tenant dreams. The kind of space that draws the exact renter you want, with movie/ good book flair. The location is a stone's throw from Queen West itself - Saint James Coffee, Craigs Cookies, The Rhino, the Gladstone and Drake Hotels, TTC access, and a long list of Toronto landmarks you'll never tire of name-dropping. Downstairs, a clean, open walkout basement, a blank canvas, ready for your architect and contractor to reimagine. Few properties build this kind of excitement. Rare style, rare charm, rare opportunity all in one awesome Queen West address.
Key facts
- Property type
- Other, 2 1/2 Storey
- MLS®
- W13715974
- Bedrooms
- 6
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 21.79 × 113 ft
- Cross streets
- Dufferin Ave & Queen St W
- Parking
- 1 garage (attached)
- Basement
- Separate Entrance
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle, Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $8,996 / 2025
- Days on market
- 54
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
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 readIts public catchment (Parkdale Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Neighbourhood & location
South Parkdale, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,428,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,896
- Property tax
- $750
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,645
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,175
- Toronto municipal land transfer tax
- $32,175
- Estimated closing costs
- $64,350
Plus your down payment of $357,000. 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
- $473,739
- Principal paid down
- $174,475
- Interest paid
- $299,264
- Balance remaining
- $1,253,525
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 REALTY SPECIALISTS INC.. MLS®/PropTx.