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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Guildwood. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,669,950 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.
Rare and PREMIUM PROPERTY featuring WOODED Front and Backyard With Renovated Bungalow on almost HALF an ACRE, 85 ft Wide Street Front and 222' deep lot in Guildwood, just steps away from Lake Ontario, beautiful parks and walking trails, within walking distance to Guildwood Go station. Lots of space to add a GARDEN HOME for income potential or for MULTI-GENERATIONAL LIVING. The PRIVATE BACKYARD is an entertainer's dream featuring Ozone Heated, SALT WATER IN-GROUND POOL (requires new liner & cover - quote available), with interlocking stone work, peaceful wooded backyard with multiple mature trees. Let Your Imagination Run Wild! This 3+1 bedroom home boasts HEATED MARBLE FLOORING at the high ceiling GRAND ENTRANCE, a vaulted ceiling spacious living room with fireplace and an almost 11' high vaulted ceiling with pot lights. OPEN CONCEPT GREAT ROOM & GRAND GOURMET KITCHEN with walk-in pantry & large dining area, with provision for a future gas fireplace. Spacious primary bedroom features 6 piece ensuite with double sink vanity, separate shower and JACUZZI style BATHTUB, and separate shower.The finished SEPARATE ENTRANCE walk-up basement could easily become an IN-LAW SUITE, with an oversized bedroom, large closet, 3 piece washroom, spacious media/family room with a fireplace and kitchenette and pot lights throughout. Private driveway to accommodate 8 vehicles, leading to an oversized, high ceiling, TWO CAR HEATED detached GARAGE backing onto woods can be a dream WORKSHOP or a multipurpose space limited to only the imagination of the new owner. The front fence will be painted black prior to closing. The inground pool has been winterized since 2019 and with a new liner & cover, you could be enjoying this luxurious pool this summer. If a pool isn't desired, then there is easy access to have the pool filled. Snap This One Up Before It Is Gone!
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Data-driven valuation for 62 Morningside Avenue, Toronto E08, ON M1E 3C2
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 $1,669,950 in Toronto, the legal minimum down payment is $333,990 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 $29,874 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,874 also applies, bringing the total estimated land transfer taxes to $59,748.
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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.