The Madison at Yonge and Eglinton will feature two towers designed by Kirkor Architects that promises an amenity-rich lifestyle, close to the subway and shops and services. The suites will feature 9ft ceilings, the kitchen will include granite counter tops, stainless steel appliances and ceramic tile backsplash, engineered laminate flooring throughout, and the bathrooms will feature ceramic tile floors and ceasarstone counter tops.
Building Amenities:
- Swimming Pool, Suana, Steam Room and Hot Tub
- Two-level Gym
- Party Room with Kitchen, Dining area and Wifi
- Movie Theatre
- 4th Floor Terrace with BBQ and Fire pit Areas
- 8th Floor Terrace with a garden
- Wet bar, Card Table and Pool Table
Property Features
Amenities: Bar, Gym, Sauna, Swimming Pool, Steam Room, Hot Tub, Movie Theatre, Demonstartion Kitchen, Dining Room, Party Room with Wi-Fi, Card Table, Pool Table, Meeting Room, A Fourth Floor Terrace, Fire Pit
Appliances: Stainless steel appliances
Floor Covering: Laminate
Bathroom: Bath and shower, Bath Tub, Ceramic Tiles
Location Details: Near Schools, Restaurants/Cafes and bars (Grazie Italian Restaurant, Tim Hortons and Starbucks, Spring Rolls on Eglinton), major banks (CIBC, RBC, TD), Supermarkets and pharmacies (24/7 Metro and 24/7 Shoppers Drug Mart) etc.
Building/Unit Information
Project Name:
The Madison at Yonge and Eglinton
Total Units: 646
Total Floors: 33
Architect: Kirkor Architects
Unit Types: 1 bed, 1 bed + den, 2 bed, 2 bed + den
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $250,000.00 is $4,450.00 and the annual property tax based on Assessment value of $250,000.00 is $1,982.00."
* 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 $250,000.00
Total Tax is: $1,982.00* $578.00 goes to Education $1,405.00 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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