2 Morning Glory Way, Toronto, ON
Bayview Woods-Steeles, Toronto · MLS® C13159520
About this home
Rarely Offered Executive End-Unit Townhome In An Exclusive Boutique Enclave In The Highly Sought-After Bayview Woods Community! Offering Approximately 2,759 Sq Ft Of Bright And Well-Maintained Living Space, This Home Features Large Principal Rooms, A Functional Layout, And A Double Car Garage. Spacious Living And Dining Areas With Elegant Floating Staircase, Renovated Eat-In Kitchen With Walk-Out To Patio, And A Huge Rec Room With Walk-Out To A Fully Fenced Backyard Offering Exceptional Privacy And Tranquility.Featuring Three Generous Bedrooms, Including A Spacious Primary Retreat With Two Walk-In Closets And A 3-Piece Ensuite. Large Front Balcony Provides Additional Outdoor Enjoyment. Major Updates Include Air Conditioner, Furnace, And Appliances Including Washer, Dryer, Fridge And Gas Stove (2022).Conveniently Located Within Walking Distance To TTC, Parks, Schools, Shopping, And Bayview Golf & Country Club, With Easy Access To Hwy 401 & 404. Situated In One Of Toronto's Top School Districts Including Steelesview PS, Zion Heights MS, And AY Jackson SS. Maintenance Fees Include Water, Building Insurance, Landscaping, And Snow Removal For Driveway, Front Steps & Porch, Roof, Windows, Exterior doors and wall.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- C13159520
- Bedrooms
- 3
- Bathrooms
- 4 (2 half)
- Size
- 2750-2999
- Cross streets
- Steeles Ave E/Lesley St
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $831/mo
- Exposure
- South
- Property tax
- $5,452 / 2025
- Days on market
- 57
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
hardwood floor · open concept · overlooks backyard
Broadloom
ceramic floor · renovated · family size kitchen
hardwood floor · walk-in closet(s) · 3 pc ensuite
ceramic floor · w/o to deck
hardwood floor · double closet
laminate · gas fireplace · w/o to patio
hardwood floor · walk-in closet(s)
hardwood floor · open concept · w/o to balcony
Listed at $1,290,000, this home is tracking about 20% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 40 similar homes nearby, adjusted for size, beds, and baths.Median of 40 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.15M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.10M
- Size difference +$415K
- Bedrooms −$30K
- Adjusts to $1.48M
That comparable adjusts to $1.48M; the $1.61M estimate above is the median of all 40 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Zion Heights Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Steeles Ave East at Bluffwood Dr is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.61M, median of 40 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 25% below the area average of $595/sqft.
53 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview Woods-Steeles, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Steeles Ave East at Bluffwood Dr, about 44 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,032,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,507
- Property tax
- $454
- Condo / maintenance fees
- $831
- Heating
- $0
- Estimated monthly cost
- $6,792
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,275
- Toronto municipal land transfer tax
- $22,275
- Estimated closing costs
- $44,550
Plus your down payment of $258,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $330,428
- Principal paid down
- $131,425
- Interest paid
- $199,003
- Balance remaining
- $900,575
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.