61 Morbank Drive, Toronto, ON

$2,400/mo
MLS#:E13738066
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Added:Sep 2, 2026(today)
Updated:Sep 2, 2026(today)
Last Checked:4 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Steeles. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $2,400 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft
  • Features a separate entrance, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning, Bright & Spacious 3 Bdms Home Located In High Demanding Scarborough! Separated Entrance! Walk up to the ground! At The Heart Of Scarborough! Open Concept Morden Kitchen, Upgrade Bathroom.1 En-Suite And 2 bedrooms with living area & window, 1 Full Baths With Shower, Kitchen With Dining Area & Window! Walk To Bus,Lamoreaux Park And Schools, Near Bridlewood Mall & Supermarket, Library, Community Centre, Restaurants *** Mins To Steels, Hwy401. One Garage parking Space.

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Property Summary

This detached home located at 61 Morbank Drive, Toronto is currently for sale and has been available on zoozaa for 0 days. This property is listed at $2,400 with an estimated mortgage of $8* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 61 Morbank Drive, Toronto is in the Steeles neighborhood.

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

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Steeles, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedSep 2, 2026 (today)
UpdatedSep 2, 2026 (today)
Last Checked4 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front
BasementSeparate Entrance, Walk-Up
CountyToronto

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 61 Morbank Drive, Toronto, ON

Q.What is the asking price for 61 Morbank Drive, Toronto, ON ?

The current listing price for 61 Morbank Drive, Toronto, ON in Steeles, Toronto is $2,400.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 61 Morbank Drive, Toronto, ON ?

61 Morbank Drive, Toronto, ON is a Detached (2-Storey) featuring a Separate Entrance, Walk-Up basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Detached).

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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61 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 & GTHA 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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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 61 Morbank Drive, Toronto, ON M1V 2M1

Estimated Sales Range
$1.2M - $1.4M

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$720 (30.0%)
* Minimum Canadian down payment required for this price is $120.
Amortization Period30 Years
Estimated Monthly Payment$8Based on a loan of $1,680 over 30 years.
Purchase Price$2,400
Loan Amount$1,680
Provincial Land Transfer Tax:$12
Toronto Municipal Land Transfer Tax:$12
Total Estimated Closing Taxes:$24

About Purchasing a Home in Toronto, ON

For a property listed at $2,400 in Toronto, the legal minimum down payment is $120 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 $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $24.

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$769,338

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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