Location Details: Close to All Services, Near Park, Near Schools, Public Transportation, Yonge St, 66 Collier Street, Toronto Reference Library, 18 Yorkville - Villas, 920 Yonge, Fontainebleu Apartments, 18 Yorkville Avenue, 837 Yonge Street - Tower 2, The Lotus, Twenty Collier, and 900 Yonge, Asquith Green Park , Frank Stollery Parkette , Harold Town Park , Milner Parkette , and Yonge / Scollard Park
Building/Unit Information
Project Name:
Milan Condominium
Total Units: 322
Total Floors: 37
Architect: Burka Architects Inc.
Unit Types: 1 bed, 1 bed + den, 2 bed, 2 bed + den, 3 bed
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $389,900.00 is $7,947.00 and the annual property tax based on Assessment value of $389,900.00 is $3,092.00."
* 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 $389,900.00
Total Tax is: $3,092.00* $901.00 goes to Education $2,191.00 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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