Condominium For Sale in Toronto, Ontario - 38 Elm St
 

Toronto Condos & Lofts For Sale By Owner

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Condominium For Sale

700 Sq Ft 1bed/1bath Condo Downtown Yonge/dundas

$336,000
38 Elm St , Toronto, ON, M5G 2K5
Owner`s Description
30th Floor. Engineered hardwood floor throughout. S/S appliances, granite countertop, pot lights in kitchen, frontload washer/dryer. Jacuzzi tub, separate shower. Own locker. Move-in ready. Steps to Dundas and College subway stations, the Eaton Centre, Ryerson, UofT, groceries. Fine dining at your doorstep. Gym, swimming pool, whirlpool, BBQ area with pergolas, party room, billiard room, free movies on Tuesdays in theatre room.

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Name:
 JJ Melencio

 
(647) 896-8768
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Email:
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Listing Owner
 JJ Melencio

(647) 896-8768
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Property Summary
Property ID:  10578
Property Cat:  Condominium
Property Type:  Condos
Beds:  1
Baths:  1

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $336,000.00 is $6,600.00 and the annual property tax based on Assessment value of $336,000.00 is $2,664.00."


* 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 $336,000.00


Total Tax is: $2,664.00*
$776.00 goes to Education
$1,888.00 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 Condominium For Sale


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