High-Rise Condo For Sale

Boutique Condo For Quick Sale

$599,900

126 Simcoe Street , Toronto, ON, M5H 4E6

Owner`s Description

Amazing 3 Bedroom 2 Bathroom 2 Balcony Suite at Boutique 2 Condominium For Sale! Introducing this 900 sq ft unit on the high 20s floor with spectacular views of downtown Toronto. This convenient location allows short travel distances to both the Financial District (for work) and the Entertainment District (for night life). It comes with a double parking space and locker. The Maintenance Fees include everything!

Luxurious Amenities:
24hr Concierge, Guest Rooms for Lodging, Sophisticated Party Room (with Kitchen, Plasma TV, XBox Games), Access to Sister Building with Stunning Rooftop Terrace (with BBQ Grill, Outdoor Patio Furniture, Outdoor Jacuzzi), Fully equipped Gym room

Financial/Entertainment District Neighborhood:
*Right at the heart of downtown T.O! Shops, amenities, local bars, TTC transportation & entertainment around the corner.
*Minutes Away from: Financial District, St. Lawrence Market, Chinatown, Air Canada Center, Rogers Center, Roy Thomson Hall, Eatons Centre, Toronto Island, UofT, Ryerson, & OCAD

Sales Information:
*Buyers Agents: 2.5% commission @ listing sale price for pre-qualified clients.
*Private buyers: Please email or call and mention private buyer.
*Sellers Agent: Please do not contact. This is a private sale.

Please Call Steve at 647-707-8448 for more information, pictures and viewing.

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: None
Bathroom: Bath and shower, Separate Shower	Garage Spaces: 1
Parking Spaces: 2	Exposure: South East
Location Details: Close to All Services, Highway Access, Near Park, Public Transportation, Close to Financial District/Entertainment District, Next to Shang-ri La Hotel, Near Local Bars

Location Map

Map		Neighborhood Information		Street View

Name:

Selina Truong

(647) 707-8448

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Listing Owner

Selina Truong

(647) 707-8448

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Property Summary
Property ID:	10524
Property Cat:	High-Rise Condo
Property Type:	Condos
Beds:	3
Baths:	2
Size:	920 sq. ft
Ceiling Height:	9 ft.
Year of Construction:	2011

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $599,900.00 is $16,196.00 and the annual property tax based on Assessment value of $599,900.00 is $4,757.00."

* 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 $599,900.00

Total Tax is: $4,757.00*
$1,386.00 goes to Education
$3,371.00 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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