325 Bay Street At Adelaide Street , Toronto, ON, M5H
Property Features
Amenities: Business center, Air Conditioning, Meeting Room, Concierge, Fitness Facilities, Hotel Services, Laundry - Inbuilding, Events Room, Pool - Indoor, and Valet Parking
Location Details: Close to All Services, Near Park, Near Schools, Cloud Gardens , Courthouse Square , First Canadian Place Public Park , Nathan Phillips Square , and Yonge Theatre Block Park , Canada Permanent Trust Building, Northern Ontario Building, 76 Adelaide West, Bank of Montreal - 302 Bay, 335 Bay Street, Bay-Adelaide Centre - West Structure, 304 Bay Street, The Bentley, National Building, and Atlas Building
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $600,000.00 is $16,200.00 and the annual property tax based on Assessment value of $600,000.00 is $4,758.00."
* 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 $600,000.00
Total Tax is: $4,758.00* $1,386.00 goes to Education $3,372.00 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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