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$1.60M · 4 bed Detached · Steeles, Toronto | MyPropertyScout

$1,600,000

33 Morbank Drive

44OwnerOccupied

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$1,600,000

F●●●○○DOM14days

33 Morbank Drive

Toronto · Ontario M1V 2M1

MLS® E13432868 · Steeles · M1V 2M1

44OwnerOccupied2500-3000 ft²Detached2-car Attached14d$582/ft²Lot 49.7 x 110 ft$8,210 tax/yr

33% above market · 14 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

** Send your kids to two highly regarded schools: Kennedy Public School & Dr. Norman Bethune C.I. ** 1st time available in over 40 years & owner occupied the entire time. ** This home has been taken care of meticulously ** Beautiful curb appeal with interlocked driveway that leads to your private ravine facing backyard ** Flagstone front porch entrance ** Expansive foyer awaits. ** Main floor laundry room ** 4 spacious bedrooms upstairs ** Primary bedroom with large walk-in closet and renovated…

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Property details

MLS#: E13432868
Status: Buy Now
Beds: 4
Baths: 4 full, 0 half
Size: 2500-3000
Style: 2-Storey
Type: Detached
Year built: —

Roof: Asphalt Shingle
Foundation: Unknown
Property features: Fenced Yard

Garage: 2-car Attached
Garage spaces: 2
Parking: 4 total
Lot: 49.73 × 110.02
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick Front · Landscaped, Patio
Fronting on: East
Cross street: Birchmount & McNicoll
Basement: Finished with Walk-Out
Stories: —
Utilities: —
Laundry: —
Interior: Other
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Family Room	—
Main	Dining Room	—
Main	Kitchen	—
Main	Breakfast	—
Main	Living Room	—
Main	Laundry	—
Second	Primary Bedroom	—
Second	Bedroom 2	—
Second	Bedroom 3	—
Second	Bedroom 4	—
Basement	Recreation	—
Basement	Kitchen	—
Basement	Dining Room	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: CENTURY 21 ATRIA REALTY INC.

Source: TRREB/PROPTX · MLS® E13432868

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$1.60M

33 Morbank Drive · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,600,000✓ $8,210 tax✓ Gas✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$11,466/mo

incl. closing costs (yr 1)

Annual total

$137,594

year 1

Mortgage only

$6,070/mo

principal + interest

Beyond mortgage

$2,565/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$320,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$684/mo

Utilities

Hydro / electricity$193/mo

≈ $0.07/ft² × ~2,750 ft² · ON avg ~$193/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$16,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$28,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)53% $72,839/yr

Property taxes27% $36,685/yr

Utilities4% $5,370/yr

Insurance & security1% $1,600/yr

Maintenance12% $16,000/yr

Closing costs4% $5,100/yr

Mortgage is 53% of your true cost of ownership. The other 47% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$72,839	$6,070/mo
Government & taxes
Property tax	$8,210	$684/mo
Land transfer tax(closing)	$28,475	$2,373/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,310	$193/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$16,000	$1,333/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$137,594	$11,466/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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33 Morbank Drive

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs