2 Somerdale Square

Guildwood, Toronto

Open House Apr 26th, 2-4PM
2 Somerdale Square, Guildwood, Toronto

$1,099,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $999.09


About this Detached

in Guildwood, Toronto

Premium Corner-Lot Bungalow in the Heart of Guildwood - Size, Setting, and Long-Term Value. Set on a rare 70 x 110 ft corner lot with over 2400 sq ft of living space, this well-maintained detached bungalow offers the flexibility and setting that buyers are actively looking for. Located on a quiet, low-traffic street in the heart of Guildwood, this is a home designed for comfortable family living today with strong long-term upside. The main floor features bright, spacious principal rooms, warm hardwood flooring, has fireplace in the living room, a dining room with beautiful bay window, and a well-appointed eat-in kitchen with a walkout to the deck, creating a practical flow for everyday living and entertaining. 3 bedrooms and 1.5 bathrooms, including a primary suite with its own 2pc ensuite complete the main floor. The finished basement adds significant additional living space, anchored by a large recreation room with fireplace, an extra bedroom, and multiple dedicated areas for laundry, workshop use, and abundant storage-ideal for growing families, hobbyists, or future in-law potential. Outside, the landscaped corner lot enhances both curb appeal and usability, while the attached garage and private driveway provide ample parking for multiple vehicles plus provide for additional storage opportunities. A recently redone roof (2024) adds peace of mind and immediate value. The location is a major draw. Guildwood is known for its quiet streets, mature surroundings, and strong community feel, with easy access to top-rated schools, parks, waterfront trails, and the GO Station for a seamless downtown commute. A place where families grow, neighbours connect, and value endures - this is your chance to put down roots in one of Guildwood's most cherished communities.

Listed by Signature Elite Realty Ltd..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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