Condominium For Sale

Lumiere One Bedroom Condo

$395,000

770 Bay St 904, Toronto, ON, M5G 2J9

Owner`s Description

As primarily located at Bay/College, this Lumiere condo suite is a perfect match for bachelors and even students in need of personal space. The 1 bedroom condo suite has a label of "Moonlight" and is currently known as Unit #904.

Every aspect of this condo suite is a definite clean spot and with all the smartly integrated light fixtures, a refreshing and luxurious living lifestyle can be experience every single day. One locker is included in the purchase, while the attainment of a parking spot will have to be further arranged. Classic hardwood flooring as well as stylish ceramic can be found, finely integrated across the entire area of this dazzling condo suite.

For more information, please call: Shamez Dosani (905) 999 1630.

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: Ceramic, Hardwood
Bathroom: Bath and shower, Bath Tub	Location Details: Near Park, Near Schools, Public Transportation, St Joseph College, Ryerson University, College Park, Restaurants, Gas Stations, SuperMarket, Banks

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Name:

Shamez Dosani

(905) 999-1630

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Listing Owner

Shamez Dosani

(905) 999-1630

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Property Summary
Property ID:	9499
Property Cat:	Condo
Property Type:	Condos
Beds:	1
Baths:	1
Size:	612 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $395,000.00 is $8,075.00 and the annual property tax based on Assessment value of $395,000.00 is $3,132.00."

* 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 $395,000.00

Total Tax is: $3,132.00*
$912.00 goes to Education
$2,220.00 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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