14 David Drive, Toronto, ON

Morningside, Toronto · MLS® E14094556

$1,099,900
For Sale
Just listed todayNo offer date stated
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5+3Bedrooms
5Bathrooms
2Garage · 8 parking
2500-3000Sq ft

About this home

In short

  • Renovated from top to bottom, this impressive all-brick home offers 2,920 sq. ft. above grade with exceptional space and versatility.
  • The main floor features a bedroom and 3-piece bathroom, ideal for guests or multigenerational living, plus an upgraded kitchen with a massive island and walkout to...
  • Extensive 2024 upgrades include the furnace, A/C, windows, patio door, front and side doors, tankless water heater, water softener, interlocking and much more.

Showstopper! Renovated from top to bottom, this impressive all-brick home offers 2,920 sq. ft. above grade with exceptional space and versatility. The main floor features a bedroom and 3-piece bathroom, ideal for guests or multigenerational living, plus an upgraded kitchen with a massive island and walkout to the backyard. Upstairs, four additional bedrooms provide plenty of room for the whole family. The basement features a two-bedroom apartment with a separate walk up entrance, offering potential for extended family or rental income, plus a separate area with two additional bedrooms for your own use. Extensive 2024 upgrades include the furnace, A/C, windows, patio door, front and side doors, tankless water heater, water softener, interlocking and much more! Double car garage plus six parking spaces in the driveway and no sidewalk.Conveniently located minutes from TTC, highways, schools, U of T Scarborough, Centennial College, hospital, shopping malls, and grocery stores.

Key facts

Property type
Detached, 2-Storey
MLS®
E14094556
Bedrooms
5+3 (8 total)
Bathrooms
5
Size
2500-3000 sq ft
Lot
44.61 × 108.26 ft
Cross streets
401 & Morningside
Parking
2 garage · 8 parking (attached)
Basement
Apartment, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,131 / 2025
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

Primary BedroomSecond6.71 × 5.36 m
Bedroom 2Second3.66 × 3.58 m
KitchenMain6.78 × 5.26 m
LaundryMain2.51 × 2.16 m
Family RoomMain5.31 × 3.58 m
Bedroom 4Second4.39 × 3.58 m
DenSecond2.84 × 1.88 m
BedroomMain3.58 × 2.74 m
KitchenBasement
Living RoomMain5.00 × 3.43 m
Dining RoomMain3.66 × 3.43 m
Bedroom 3Second3.66 × 3.58 m
Bedroom 5Basement3.43 × 4.37 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.08Mlikely sale price

Listed at $1,099,900. Going by how homes in Morningside and the wider GTA have actually closed against their asking prices (about 99%, 10 local closings in 90 days), the likely sale price is near $1.08M, if it sells. A realistic range is $1.02M to $1.22M.

Independent value check: $1.32M. Without looking at the asking price, our model values the home itself about 20% above the ask (homes like it typically land between $1.24M and $1.38M).

Why $1.32M. The typical detached home sold in Morningside over the past year went for about $840K (49 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it5+3 bedrooms and 5 baths, against 3+1 and 2 typically.
  • ▲ Raises it2 garage and 8 total parking spaces, against 1 and 4 typically.
List price
$1.02MBelow recent closings$1.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.08M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$940Kmedian sold price
101%of asking, on average
+3%prices vs a year ago
~20 dayshomes like this take to sell
$3,335/moest. rent · 13 leases
3.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.4 months of inventory: 18 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $400/sqft against an area asking average of $703/sqft.

  • basement apartment features. A finished 3 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Morningside: 16 of the 47 detached leases here lately were basement units, around $1,473 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.12M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Morningside, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Morningside over the past two years, from 82 closings there.

What sellers nearby are askingCurrently listed nearby in Morningside · asking prices
$1.13Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.32M, which is where my estimate comes from.

Per square foot, these ask about $730/sqft; this home lists at $400/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.10MThis home1.25M1.30M1.20M929k949kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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.

Nearby neighbourhoods

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

Rouge E11
$1.15M
Bendale
$949K
Wexford-Maryvale
$849K
Steeles
$1.20M
Woodbine-Lumsden
$949K

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 · 1.1 km awayBelow the GTA average · 65% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lucy Maud Montgomery Public School · Public elementary0.5 km · 74% at standard
St Florence Catholic School · Catholic elementary0.6 km · 73% at standard
St John Paul II Catholic Secondary School · Catholic secondary0.6 km · 76% at standard
Military Trail Public School · Public elementary0.8 km · 36% at standard
Emily Carr Public School · Public elementary1.2 km · 70% at standard
Grey Owl Junior Public School · Public elementary1.3 km · 54% at standard
St Columba Catholic School · Catholic elementary1.4 km · 40% at standard
Berner Trail Junior Public School · Public elementary1.6 km · 56% at standard
St Mother Teresa Catholic Academy · Catholic secondary1.8 km · 50% at standard
Alvin Curling Public School · Public elementary1.9 km · 78% at standard
Dr Marion Hilliard Senior Public School · Public elementary1.9 km
Alexander Stirling Public School · Public elementary2.0 km · 49% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,013/mo
$211KIncome needed
5.2×Price ÷ income
$1,157Weekly cost
$36,946Land transfer tax, one-time (Ontario + Toronto)
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.

91%mortgage
Mortgage $5,013Property tax $511Total carry $5,524

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,865per month

Mortgage amount $879,920 · 4.49% over 25 years

$219,980Down payment (20.0%)
$879,920Loan before insurance
$0CMHC premium
$5,376Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,865
Property tax
$511
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,376

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

One-time closing costs

Ontario land transfer tax
$18,473
Toronto municipal land transfer tax
$18,473
Estimated closing costs
$36,946

Plus your down payment of $219,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/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

$579,649Total interest paid
$1,459,569Total of all payments
Principal $879,920 Interest $579,649
YearPrincipalInterestBalance
1$19,636$38,747$860,284
2$20,528$37,855$839,756
3$21,460$36,923$818,297
4$22,434$35,949$795,863
5$23,453$34,930$772,410
6$24,517$33,865$747,893
7$25,631$32,752$722,262
8$26,794$31,588$695,468
9$28,011$30,372$667,457
10$29,283$29,100$638,174
11$30,612$27,770$607,562
12$32,002$26,381$575,559
13$33,455$24,927$542,104
14$34,974$23,408$507,130
15$36,562$21,821$470,568
16$38,222$20,160$432,345
17$39,958$18,425$392,387
18$41,772$16,611$350,615
19$43,669$14,714$306,947
20$45,651$12,731$261,296
21$47,724$10,659$213,571
22$49,891$8,492$163,680
23$52,156$6,227$111,524
24$54,524$3,858$57,000
25$57,000$1,383$0

At the end of your 5-year term

Total paid over the term
$291,914
Principal paid down
$107,510
Interest paid
$184,404
Balance remaining
$772,410

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
From 13 whole-home leases in Morningside$3,335/mo
$40,020Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,534 to $3,786Typical rent range

The suite is real income here: basements rent in Morningside (16 of 47 recent detached leases were basement units, around $1,473 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,473 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 13 whole-home leases in Morningside signed at a median of $2,100 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,335. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.6%
Gross yield
− Property tax $6,131− Insurance $1,400− Vacancy & upkeep $4,402Net operating income $28,087

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK FIRST GROUP REALTY LTD.. MLS®/PropTx.

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