Detached House for sale at 15 Morbank Drive, Toronto, Ontario, M1V 2M1 - Steeles - MLS: E12451779

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15 Morbank Drive

Toronto, Ontario, M1V 2M1 - Steeles

$1,600,000

Neighbourhood

Steeles
Major Intersection

Birchmount/McNicoll

Listed Since: 2 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

5
Basement

Finished + W/O
Kitchen

1
Total Parking

6 (2 Attached Garage)
Lot Size

44.29x110.02 (Feet)
Taxes

$7,800.00 (2025)
Type

Freehold

Property Description

Property description for 15 Morbank Drive, Toronto

A Rare Opportunity Backing Onto Green Space. For The First Time Since 1989, This Solid Family Home Is Being Offered To The Market. A True Opportunity To Create Something Special In A Sought-After Community. Built On A Strong Foundation With A Practical Layout And Spacious Rooms, The Home Has Been Lovingly Maintained Over The Years And Awaits Its Next Chapter. What Sets This Property Apart Is Its Premium Lot Backing Onto Green Space With A Walking Path And Pond. With No Neighbours Behind And Full And Full Eastern Sunlight Streaming In, You'll Wake Up Each Morning To Quiet Views Of Nature And Enjoy A Rare Sense Of Privacy In The City. Inside, The Home Features A Functional Two-Story Layout, Large Principal Rooms, And Ample Windows That Invite Natural Light Throughout. While The Interior Awaits Modern Updates, Its Solid Bones Make It An Ideal Canvas For A Full Renovation Or Gradual Improvements Over Time. The Neighbourhood Complements The Home Perfectly: Family-Friendly Parks, Schools, Shopping, And Transit Options Are All Close By Offering Both Convenience And A Strong Community Feel. With Mary Ward Catholic Secondary School Nearby And Numerous Local Amenities Within Walking Distance, Families Will Appreciate Both The Practicality And Lifestyle Of This Location

Listed by RE/MAX REALTRON REALTY INC.

Property details

MLS #

E12451779
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

E12451779
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Local Real Estate Price Trends for Detached in Steeles

Active listings

Average Selling Price of a Detached

September 2025

$1,110,714

Last 3 Months

$1,121,536

Last 12 Months

$1,270,615

September 2024

$1,280,600

Last 3 Months LY

$1,287,978

Last 12 Months LY

$1,353,395

Change

-13%

Change

-13%

Change

-6%

Historical Average Selling Price of a Detached in Steeles

Average Selling Price

3 years ago

$1,352,300

Average Selling Price

5 years ago

$1,058,889

Average Selling Price

10 years ago

$870,083

Change

-18%

Change

28%

How many days Detached takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

53%

Change

-15%

Change

11%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.