Low-Rise Condo For Sale in Toronto, Ontario - 1005 King Street West
 

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Low-Rise Condo For Sale

Dna Condo 1005 King West

$359,000
1005 King Street West , Toronto, ON, M6K3M8
Owner`s Description
King West DNA condo. Flawless 1 Den and balcony. Approx 700 Sq.ft. Dark wood floors, dark chocolate cabinetry, granite counters, all stainless steel kitchen appliances, under mount sink and combo washer/dryer. Two double closets in bedroom. Double access to washroom. Parking next to elevator and locker available.
**** EXTRAS **** Building Amenities Include: Concierge, Gym, Party Room, Rooftop Terrace and BBQ.
Ample Visitor Parking.

Property Features
Appliances:
Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Floor Covering:
Hardwood
Bathroom:
Bath Tub
External Facing:
Brick
Parking Spaces:
1
Exposure:
North
Location Details:
Close to All Services, Near Park, Public Transportation
Property Costs
Property Taxes:
$2,000 / year
Electricity:
$25/ month
Condo Fees:
$400 / month
Location Map
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Name:
 Adam Fraser

 
(416) 832-7910
Phone:
Email:
Message:
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Listing Owner
 Adam Fraser

(416) 832-7910
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Property Summary
Property ID:  10264
Property Cat:  Low-Rise Condo
Property Type:  Condos

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $359,000.00 is $7,175.00 and the annual property tax based on Assessment value of $359,000.00 is $2,847.00."


* 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 $359,000.00


Total Tax is: $2,847.00*
$829.00 goes to Education
$2,017.00 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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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto Low-Rise Condo For Sale


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