MLS® listing
3 Morbank Drive: detached house for sale
$1,000,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Approximate age | 31-50 |
| Style | 2-Storey |
| Basement | Walk-Up, Finished |
| Lot width | 44.29 |
| Lot depth | 109.9 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 5 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $7,688 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Auto Garage Door Remote, Sauna, Ventilation System, Water Heater Owned, Water Softener, Intercom, Storage |
| Features | Park, School, Public Transit, Hospital, Library, Place Of Worship |
| View | Clear, Garden, Park/Greenbelt |
Listing courtesy of RE/MAX HALLMARK FRASER GROUP REALTY. MLS® E13845954.
About this detached house
3 Morbank Drive is a 5 bedroom detached house in TRREB's Steeles community in Toronto, listed for sale at $1,000,000. The listing shows 4 bathrooms and 2000-2500 square feet. The style is given as 2-storey. The lot is listed as 44.29 by 109.9 feet. The listing gives the basement as walk-up, finished. It comes with 5 parking spaces and an attached garage according to the listing. The nearest main intersection given is Kennedy Rd & McNicoll Ave. The age is listed as 31-50 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 3 Morbank Drive
At the asking price of $1,000,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,000,000 |
|---|---|
| Ontario land transfer tax | $16,475 |
| Toronto municipal land transfer tax | $16,475 |
| Both taxes | $32,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $75,000 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $7,688 a year, about $641 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,000,000, which is $170,000 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 44.29 by 109.9 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 3 Morbank Drive
How much is land transfer tax on 3 Morbank Drive?
At the asking price of $1,000,000 the Ontario tax is $16,475 and the Toronto tax is $16,475, $32,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 3 Morbank Drive?
$75,000 at the asking price of $1,000,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 3 Morbank Drive?
The listing shows $7,688 a year for 2026, about $641 a month.
Is 3 Morbank Drive priced above or below the median?
It is listed at $1,000,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $170,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 3 Morbank Drive?
Use the form on this page or call us. Quote MLS® E13845954. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 3 Morbank Drive still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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