The 1974 National Soccer League season was the fifty-first season under the National Soccer League (NSL) name. The season began in April and concluded in late October with Toronto Croatia defeating Toronto Homer for the NSL Championship. The regular-season title was clinched by the Serbian White Eagles, and as a result, faced the Challenge Trophy champions Calgary Springer Kickers for the Canadian Open Cup and successfully claimed the title. The NSL Cup was won by Toronto Italia after defeating Toronto First Portuguese.