Condominium For Sale
York Harbour Club Phase 3
38 Grand Magazine St 1233, Toronto, ON, M5V0B1
Sold out floorplan
12/F, southern exposure
ONE PARKING and ONE LOCKER INCLUDED
Completion in end of 2013
Completion date is Nov 2013 as per builder
One parking and One locker
550 sq. ft. as per builders measurement
12/F with open southern view
||550 sq. ft|
|Year of Construction: ||2013|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $295,000.00 is $5,575.00 and the annual property tax based on Assessment value of $295,000.00 is $2,339.00."
* 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%
* 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 $295,000.00
Total Tax is: $2,339.00*
$681.00 goes to Education
$1,658.00 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%.