
38 McRae Drive
Toronto (Leaside), ON M4G 1R9
- 4Bedrooms
- 2Bathrooms
- 0Garage
- 1100–1500Sq Ft
- $9,486Tax
- 32×90 ftLot Size
- Estimated Value:$1,684,000See Free Estimate Report

This home has sold. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for 38 McRae Drive, Toronto, Leaside
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-01-27 | 2026-02-01 | Login to See Prices | Sold | c12731966 |
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About 38 McRae Drive, Toronto, Leaside
Summarized Description
- Classic detached home with original character and updates.
- Bright living room with leaded glass bay windows.
- Updated kitchen with quartz counters and stainless steel appliances.
- Finished lower level offers flexible living space.
- Private backyard and driveway with parking for two cars.
- Located in a family-friendly neighborhood near schools.
- Walking distance to Bayview Avenue and transit options.
Set on a south-facing stretch of McRae Drive, this classic detached Leaside home offers excellent natural light and a practical, family-friendly layout. With a traditional brick exterior and many original details, it has been very well maintained with several updates over the years and provides the opportunity to renovate further as needs evolve. Inside, the home retains much of its original character. The front hall features wood stairs, panelled walls, and original detailing, opening to a bright living room with leaded glass bay windows and a fireplace with stone surround, which flows directly into a spacious dining room well suited to both everyday living and entertaining. The kitchen has been updated with white cabinetry, quartz counters, and stainless steel appliances, along with a breakfast area and walkout to the rear deck and backyard. Upstairs, the second floor is arranged on a split level, with one bedroom set apart above the garage, ideal for a guest room, older child, or home office. Three additional bedrooms are generous in size and grouped together with a central family bathroom. Original built-in cabinetry and closets typical of the home's era remain on the upper level, providing practical storage. The finished lower level offers flexible living space, along with laundry, storage, and a powder room. The fully fenced backyard is private and functional. A private driveway with parking for two cars leads to a garage adapted to include a roughed-in mudroom-style side entry. Located within walking distance to Bayview Avenue, with quick access to transit and the Bayview Extension, downtown Toronto, and Sunnybrook Hospital. Set in a family-friendly neighbourhood served by Rolph Road Elementary School, Bessborough Elementary School, and Leaside High School.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,486
- Land Transfer Tax Fee
- $68,750
Rental Items
- Rental Equipment
- Hot water tank.
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater, Storage
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 32.00 ft
- Lot Depth
- 90.00 ft
Inclusions
- Inclusions
- See Schedule B.
Exclusions
- Exclusions
- See Schedule B.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Radiant
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level, Hardwood Floor, Bay Window, Fireplace
- Dining Room—Main level, Hardwood Floor, Combined w/Living, Wainscoting
- Kitchen—Main level, Hardwood Floor, Updated, Stainless Steel Appl
- Primary Bedroom—Second level, Hardwood Floor, South View, Closet
- Bedroom 2—Second level, Hardwood Floor, North View, Closet
- Office—Second level, Hardwood Floor, North View, Closet
- Bedroom 3—Upper level, Broadloom, South View, Closet
- Recreation—Basement level, Broadloom
- Laundry—Basement level, Laundry Sink
- Utility Room—Basement level, Concrete Floor
Washrooms
- 3-piece, Second
- 2-piece, Basement
- Municipality
- Toronto
- Neighbourhood
- Leaside
- Main cross streets
- Bayview & McRae Dr
- Directions
- Bayview & McRae Dr
- MLS® number
- C12731966
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-02-01
- Listed on
- 2026-01-27
- Days on market
- 5 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- CHESTNUT PARK REAL ESTATE LIMITED
Home Market Value
Current home valuation for 38 McRae Drive, Toronto, Leaside, Toronto, ON. Listed for $1,895,000
HOMEH Estimate
$1,684,000
Estimated Sales Range
$1,330,072 - $2,037,928
HOMEH Estimate for 38 McRae Drive, Toronto, Leaside
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$379,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,516,000 | $1,421,250 | $1,326,500 | $1,231,750 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,402monthly | $6,939monthly | $6,477monthly | $6,014monthly |
Land Transfer Tax
$34,375
$34,375
$68,750
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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