Apartment For Sale

River City Preconstruction 1 Bed Condo

$280,000

645 King St 429, Toronto, ON, M5A4C7

Owner`s Description

River City Phase 1. 6 Storey River St. Building. Award Winning Design By Saucier Perrotte. 80 Acre $2Billiion Leed Gold Master Plan Community. Walking Dist. To Distillery Distr & Corktown. Sustainable Design. 23 Acres Of Public Parks; Incl. 18 Acre Don River Park. 5 Min Streetcar Ride To Yonge St. Home Of The 2015 Pan A M Games. Unit #429 has an East exposure with courtyard views and is a junior 1 bedroom plus study
Standard Finishes, Include; Stone Countertops In Kitchen And Bathrooms. Wood Floors Throughout, Ss Under Mount Kitchne Sink, Stainless Steel Appliances. Fantastic Amenities Include; Outdoor Pool, "Lightbox" Lounge, Gym, Guest Suites & More
Fall Occupancy

Property Features

Appliances: Built-in dishwasher, Dryer, Stove, Washer	Floor Covering: Laminate
Basement: None	Bathroom: Bath and shower, Separate Toilet

Location Map

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Name:

Betty Makis

(416) 898-6470

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Listing Owner

Betty Makis

(416) 898-6470

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Property Summary
Property ID:	10280
Property Cat:	Apartment
Property Type:	Condos
Beds:	1
Baths:	1
Size:	535 sq. ft
Year of Construction:	2012

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $280,000.00 is $5,200.00 and the annual property tax based on Assessment value of $280,000.00 is $2,220.00."

* 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 $280,000.00

Total Tax is: $2,220.00*
$647.00 goes to Education
$1,573.00 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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