GORGEOUS 2 bdr / 2bth newer 1300 sq. ft. loft in luxury boutique building in the best location: 169 John Street (Queen and John).
Custom bleached and stained hardwood “white” flooring throughout
Upgraded kitchen with stainless steel, marble and granite
Modern baths with deep soaker tub and rain shower
True loft-style exposed concrete and duct pipes
floor to ceiling windows
150 sq. ft. balcony
Custom closets
Custom blinds
Parking spot
Larger locker
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $689,900.00 is $19,796.00 and the annual property tax based on Assessment value of $689,900.00 is $5,470.00."
* 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% Â 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%Â Â plus $55,000.01 to $400,000.00 - land transfer tax is 1.0%Â Â plus $400,000.00 and up - land transfer tax is 2.0%
The annual property tax for Toronto ON
Assessment Value of $689,900.00
Total Tax is: $5,470.00* $1,594.00 goes to Education $3,877.00 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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