Multi-Level Condo For Sale

$495,000

150 George Street 8, Toronto, ON, M5A 2M7

Owner`s Description

Executive Downtown Living In this Stylish 4 Story Townhouse Steps to the St. Lawrence Market. Convenient to Public Transit. Located across from the New VU Condo/Townhouse Development which makes this a great investment opportunity!!

3 Bedroom or 2 Bedroom + Office. Large Master Bedroom with Ensuite. Double French Doors Leading to Private Balcony off both the Master Bedroom and 3rd Bedroom/Office. 2nd Floor has Large Living/Dining Room Area and Kitchen. 1st Floor has Large Family Room with Fireplace and 1/2 bath. Beautiful Backyard with Gardens, Patio, Deck, and Gas for Bar-B-Q. Entance from Garage to Basement.

Fridge, Stove, B/I Dishwasher, Washer/Dryer, Alarm System, Window Coverings, all Upgraded ELF`s, Fire Sprinkler System thru-out, + Built in 40" Wall Mounted Plasma TV with Bi-Level Built In Bose Lifestyle 48 Premium Surround Sound System. Newly Painted with over $17,000 in recent upgrades!

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Stainless steel appliances, Stove, Washer, 40" Plasma + Bose Surround	Floor Covering: Carpet, Ceramic, Hardwood
Bathroom: Bath and shower, Jacuzzi Tub in Master	External Facing: Brick
Garage: Built-in, Single	Garage Spaces: 1
Driveway Details: Asphalt, Shared	Exposure: South
Location Details: Close to All Services, Highway Access, Near Park, Near Schools, No Backyard Neighbors, Public Transportation

Property Costs

Property Taxes:
$2,850 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	1057
Property Cat:	Multi-Level Condo
Property Type:	Condos
Beds:	3
Baths:	3
Size:	1,860 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $495,000.00 is $12,000.00 and the annual property tax based on Assessment value of $495,000.00 is $3,925.00."

* 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 $495,000.00

Total Tax is: $3,925.00*
$1,143.00 goes to Education
$2,782.00 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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