66-351 Military Trail, Toronto, ON

Morningside, Toronto · MLS® E13179986

$670,000
For Sale
Listed 53 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq Ft

About this home

Ideally situated for ultimate convenience, this beautifully upgraded 3-bedroom townhouse is just moments from Hwy 401, Malvern Town Centre, UTSC, Centennial College, and Centenary Hospital. An enclosed front porch protects you from the elements and offers direct indoor access to your single-car garage, while the well-managed complex provides nearby visitor parking. Inside, the unique multi-level layout feels truly luxurious, highlighted by a custom kitchen with quartz counters & custom-designed breakfast bar. The dining room overlooks the spacious living room below, which walks out to a family-sized rear patio perfect for summer barbecues and unforgettable family gatherings. The seller has spared no expense, adding premium flooring, energy efficient exterior windows and doors, and a finished basement with a cozy built-in electric fireplace. Upstairs, the primary bedroom spans the entire width of the home, complemented by a main bath with a modern walk-in shower, water-efficient toilet, and granite vanity. 200 Amp Breaker Panel & updated wiring and plumbing. Take a quick drive to Malvern Town Centre, Shopper's, No-Frills, local theatres, highly-rated schools, parks, and diverse dining options. Whether you are a growing family or an investor, this complex offers peace of mind and an unbeatable lifestyle in a highly sought-after neighbourhood.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
E13179986
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Neilson/Hwy 401
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Maintenance
$516/mo
Exposure
North
Property tax
$2,209 / 2025
Days on market
53
Listing brokerage
ENGEL & VOLKERS TORONTO CENTRAL
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$550Kest. value

Listed at $670,000, this home is tracking about 22% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. 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 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $691K, higher 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 $550K
  • Bedrooms −$30K
  • Bathrooms −$30K
  • Adjusts to $490K

That comparable adjusts to $490K; the $550K estimate above is the median of all 21 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.

The assigned public school is Highcastle Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$490KGreat deal$670KOverpriced

Total price vs nearby homes. Fair value about $550K, median of 21 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$774kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

82-248 John Garland Boulevard$399k126 Resurrection Road$998k8-201 Tenth Street$780k240-11 Applewood Lane$799k86-20 William Jackson Way$895k

The 5 closest active listings nearby.

See all comparable homes
670kThis home399k998k780k799k895kThis home vs active comparables
Live market pulseActive comparables in Morningside · median list $599K
$516this home / sqft
21active listings nearby
53days on market

This home lists 11% above the area average of $463/sqft.

49 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Morningside, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Malvern
$516K
Parkwoods-Donalda
$665K
Victoria Village
$782K
Hillcrest Village
$641K
Don Valley Village
$720K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Highcastle Public School
65%
Highcastle Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 65% meet the provincial standard

Affordability & Mortgage

Affordability
$3,054/mo
$135KIncome needed
5.0×Price ÷ income
$705Weekly cost
20% down4.79%25-yr amortization

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.

81%mortgage
Mortgage $3,054Property tax $184Condo fee $516Total carry $3,754

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,860per month

Mortgage amount $536,000 · 4.14% over 25 years

$134,000Down payment (20.0%)
$536,000Loan before insurance
$0CMHC premium
$3,560Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,860
Property tax
$184
Condo / maintenance fees
$516
Heating
$0
Estimated monthly cost
$3,560

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,875
Toronto municipal land transfer tax
$9,875
Estimated closing costs
$19,750

Plus your down payment of $134,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,474/monthPayment at the qualifying rate

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

$322,088Total interest paid
$858,088Total of all payments
Principal $536,000 Interest $322,088
YearPrincipalInterestBalance
1$12,557$21,767$523,443
2$13,082$21,242$510,362
3$13,629$20,694$496,732
4$14,199$20,124$482,533
5$14,793$19,530$467,740
6$15,412$18,912$452,328
7$16,056$18,267$436,272
8$16,728$17,595$419,544
9$17,428$16,896$402,116
10$18,157$16,167$383,959
11$18,916$15,407$365,043
12$19,708$14,616$345,335
13$20,532$13,792$324,804
14$21,391$12,933$303,413
15$22,285$12,038$281,128
16$23,218$11,106$257,910
17$24,189$10,135$233,721
18$25,200$9,123$208,521
19$26,255$8,069$182,266
20$27,353$6,971$154,913
21$28,497$5,827$126,417
22$29,689$4,635$96,728
23$30,931$3,393$65,797
24$32,225$2,099$33,572
25$33,572$751$0

At the end of your 5-year term

Total paid over the term
$171,618
Principal paid down
$68,260
Interest paid
$103,358
Balance remaining
$467,740

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.

Let's connect

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

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
5.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

7.3%
Gross yield
− Property tax $2,209− Condo fees $6,189− Insurance $600− Vacancy & upkeep $5,412Net operating income $34,789

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ENGEL & VOLKERS TORONTO CENTRAL. MLS®/PropTx.

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