2 Storey Home For Sale

$344,900

255 Richmond E 211, Toronto, ON, M5A 4T7

Owner`s Description

Modern, nicely appointed loft in the heart of downtown. Steps to St. Lawrence market, parks, great shopping, restaurants, entertainment and transit. Great building with friendly neighbours, 24 hr concierge, gym, BBQ patio and party room. Very well managed condominium with low maintenance fees incl. heat and hydro.

Bright, open concept 2 storey loft featuring 16.5ft ceiling, exposed concrete, floor to ceiling windows, balcony, engineered hardwood floor in the living room, breakfast bar, soaker tub and oversized built-in closet in the bedroom. Appliances include stacked washer and dryer, stove, dishwasher and microwave oven.
For more info, pictures and neighbourhood map click here

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: Carpet, Ceramic, Hardwood
Bathroom: Bath Tub	External Facing: Brick, Metal/Steel Siding
Garage: None	Exposure: None
Location Details: Close to All Services, Highway Access, Lake/Pond/River, Near Park, Near Schools, Public Transportation, Recreational/Community center

Property Costs

Property Taxes:
$1,900 / year

Location Map

Map		Neighborhood Information		Street View

Name:

Daniel Maly

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Listing Owner

Daniel Maly

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Property Summary
Property ID:	1646
Property Cat:	2 Storey Home
Property Type:	Homes
Beds:	1
Baths:	1
Size:	645 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $344,900.00 is $6,822.00 and the annual property tax based on Assessment value of $344,900.00 is $2,735.00."

* The land transfer tax formula for Ontario

$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.00 to $250,000.00 - land transfer tax is 1.0% plus $250,000.00 to $400,000.00 - land transfer tax is 1.5% plus $400,000.00 and up - land transfer tax is 2.0%

Plus

* The land transfer tax formula for Toronto, ON

$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.01 to $400,000.00 - land transfer tax is 1.0% plus $400,000.00 and up - land transfer tax is 2.0%

The annual property tax for Toronto ON

Assessment Value of $344,900.00

Total Tax is: $2,735.00*
$797.00 goes to Education
$1,938.00 goes to the City

The total property tax is divided between city tax and education tax. A portion of this tax goes to fund the Province's Education system.

For 2011 the municipal tax rate is 0.5619218%.
For 2011 the education tax rate is 0.231000%.
The total tax rate for 2011 is 0.7929218%.

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