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Price Change$1,498,888

21 Morbank Drive

Steeles, Toronto

$1,398,888

Detached|2-Storey
4 | 4 | 4
About this home

Rare opportunity to own a Double Car Garage 4 bedroom detached with walk-out basement & backing onto parkland with beautiful green views and exceptional privacy. This spacious home features a functional layout filled with natural light and offers incredible renovation and customization potential. Versatile study room with potential to be transformed into a main floor senior en-suite - ideal for multi-generational living or added convenience for extended family. Walk-out basement with kitchen and separate entrance provides excellent income potential or ideal in-law suite setup. Located in a highly desirable family-friendly neighbourhood close to L'amoreaux sports complex, parks, schools, shopping, transit, and major highways. A fantastic opportunity for end-users, investors, or builders looking to create their dream home in a prime location.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,586
Lot Size49.27 ft x 110.02 ft
mls© NumberE13179900
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,160
Property tax
$632
Heat allowance
$150
Housing costs
$7,942 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,778
25-yr amortization

Income needed

$244,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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