3 Morbank Drive, Toronto, ON

$1,000,000
MLS#:E13845954
5 beds
4 baths
2000-2500 sqft
5.0 parking
Residential Freehold
Residential Freehold for sale - 5 Bed, 4 Bath Home at 3 Morbank Drive Toronto ON listed at $1,000,000 (MLS# E13845954) - Main View
For Sale
Added:Sep 30, 2026(today)
Updated:Sep 30, 2026(today)
Last Checked:13 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Steeles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 44.29 x 109.9 ft lot
  • Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Sauna, Ventilation System
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A home with substance, scale and room to evolve. Set on an approximately 44 x 110 ft lot, 3 Morbank Dr is a detached two-storey with an attached double garage and a rear outlook onto green space. Step inside to a distinctive curved staircase and a traditional main-floor layout where each room has a purpose: a generous living room, separate dining room, and an inviting family room anchored by a full-height brick fireplace. The spacious eat-in kitchen offers ample cabinetry, a breakfast area and walkout to the raised rear veranda - an easy connection to the backyard and leafy setting beyond. Hardwood flooring brings warmth through the principal living spaces and bedrooms, while main-floor laundry adds everyday practicality. Upstairs, four bedrooms include an expansive primary suite with walk-in closet and 5-piece ensuite. The finished lower level adds meaningful flexibility with a fifth bedroom, full bathroom with sauna, partial kitchen, storage and walk-up to the backyard. Two wood-burning fireplaces, updated roof, windows and doors, and a water softener add to the home's features. Close to TTC, schools, parks and the growing collection of shops and dining around Kennedy and McNicoll. A substantial Scarborough home with the space to make your next chapter your own.

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Property Summary

This detached home located at 3 Morbank Drive, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,000,000 with an estimated mortgage of $3,329* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 3 Morbank Drive, Toronto is in the Steeles neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Steeles, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Steeles, Toronto.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Price$1,000,000
AddedSep 30, 2026 (today)
UpdatedSep 30, 2026 (today)
Last Checked13 minutes ago
Transaction TypeFor Sale
List Office NameRE/MAX HALLMARK FRASER GROUP REALTY

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementWalk-Up, Finished
Lot Size44.29 Ă— 109.9 Feet
CountyToronto
Annual Tax$7,688.46
Rental ItemsFurnace (2024) - $64.02/month, Water Softener (2024) $40/month.
Legal DescriptionPARCEL 125-1, SECTION M1959 LOT 125, PLAN 66M1959, SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Total5.0
Parking Space3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • School
  • Public Transit
  • Hospital
  • Library
  • Place Of Worship

Interior Features

  • Auto Garage Door Remote
  • Sauna
  • Ventilation System
  • Water Heater Owned
  • Water Softener
  • Intercom
  • Storage

Security Features

  • Other

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this 5-bedroom detached at 3 Morbank Drive, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Toronto Homes for Sale & MLS® Listings

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Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $3,329*/month*. Estimated Ontario Land Transfer Tax: $32,950. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 3 Morbank Drive, Toronto, ON

Q.What is the asking price for 3 Morbank Drive, Toronto, ON ?

The current listing price for 3 Morbank Drive, Toronto, ON in Steeles, Toronto is $1,000,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 3 Morbank Drive, Toronto, ON ?

3 Morbank Drive, Toronto, ON is a Detached (2-Storey) featuring a Walk-Up, Finished basement.

Q.What key property features does 3 Morbank Drive, Toronto, ON offer?

Key property features include: Park, School, Public Transit, Hospital, Library, Place Of Worship.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Sauna, Ventilation System, Water Heater Owned, Water Softener, Intercom, Storage.

Q.What security features are installed at 3 Morbank Drive, Toronto, ON ?

Security features include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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3 Morbank Drive, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Steeles, Toronto

SAFETY RATING9.9 / 10
Low Incident Area
Total Annual Incidents148 incidents / yr
Average Per Month12.3 incidents / mo
Population Benchmark25,699 residents
Personal Safety
Low

50 assaults (194.5/100k)

Property Security
Low

27 B&E (105.0/100k)

Auto Theft Risk
Elevated

43 thefts (167.3/100k)

1-Year Trend
â–Ľ 13.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 3 Morbank Drive, Toronto, ON M1V 2M1

Estimated Sales Range
$950,000 - $980,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$300,000 (30.0%)
* Minimum Canadian down payment required for this price is $200,000.
Amortization Period30 Years
Estimated Monthly Payment$3,329Based on a loan of $700,000 over 30 years.
Purchase Price$1,000,000
Loan Amount$700,000
Provincial Land Transfer Tax:$16,475
Toronto Municipal Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$32,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,000,000 in Toronto, the legal minimum down payment is $200,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.

Similar Listings in Steeles, Toronto

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Steeles, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Steeles, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$788,171

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Steeles, Toronto

Elementary Schools

St Sylvester
Public260 Silver Springs Boulevard, Scarborough, Toronto, Ontario, M1V 1S4
8.9
Epiphany of our Lord
Public3150 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 3J5
4.0
St Aidan
Public3521 Finch Avenue East, Scarborough, Toronto, Ontario, M1W 2S2
5.6
Lynnwood Heights
Public50 Southlawn Drive, Scarborough, Toronto, Ontario, M1S 1J1
8.5
Pauline
Public35 Dunmurray Boulevard, Scarborough, Toronto, Ontario, M1T 2K2
7.0

Secondary Schools

Dr Norman Bethune
Public200 Fundy Bay Boulevard, Scarborough, Toronto, Ontario, M1W 3G1
7.9
L’Amoreaux
Public2501 Bridletowne Circle, Scarborough, Toronto, Ontario, M1W 2K1
5.3
Mary Ward
Public3200 Kennedy Road, Scarborough, Toronto, Ontario, M1V 3S8
7.2
Sir John A Macdonald
Public2300 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 1H8
6.1
Stephen Leacock
Public2450 Birchmount Road, Scarborough, Toronto, Ontario, M1T 2M5
4.4

Steeles, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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