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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Guildwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Attention all first-time home buyers and renovators! This incredible corner lot bungalow offers immense potential. This immaculately kept home has been cherished by the same owner for over 60 years. This 3-bedroom home boasts a fantastic layout, featuring an oversized living room filled with natural light, original hardwood floors, and three large windows. This space seamlessly leads into the kitchen with a combined dining area, offering tons of potential and perfect for entertaining. A separate entrance provides potential for added income or a multi-family dwelling. The huge, partially finished basement includes a large recreational space, potential for a massive workshop, and a separate laundry room, all waiting for your finishing touches. The large corner lot is a gardener's dream. Located in an AAA location, this property is very close to the GO train, great schools, trails, and many amenities.
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Data-driven valuation for 195 Toynbee Trail, Toronto E08, ON M1E 1G5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.