This property has been sold, leased, or taken off the market. You can view similar active listings below.
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Guildwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $974,900 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 Contractors/Renovators! This detached bungalow is in prime Guildwood Village on a beautiful lot on a quiet street. This home is being sold after undergoing partial renovations to open up the main floor and update its finishings. This is an opportunity to design a home to your dream specifications or to complete the renovation and sell as an investment. The basement has a separate entrance with income potential. The large backyard has an in-ground pool and tons of green space. Other features include a carport and Private driveway for up to four cars. Just steps away from the Scarborough Bluffs in a warm community with parks and abundant outdoor activities for all the family. Home being sold under power of sale.
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Data-driven valuation for 62 Sir Raymond Drive, Toronto E08, ON M1E 1C2
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 $974,900 in Toronto, the legal minimum down payment is $72,490 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 $15,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,973 also applies, bringing the total estimated land transfer taxes to $31,946.
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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.