Commercial Triplex For Sale in Toronto, Ontario - 1044 Dovercourt Road
 

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Commercial Triplex For Sale

Legal Triplex

$799,000
1044 Dovercourt Road , Toronto, ON, M6H-2X8
Owner`s Description
Well mantained investement property. Currently legal triplex with basement apartment. Reason for sale, to retire. BSMT appartment - 1 large bedroom, kitchen / living room combo, and full bath. Grd / 1st floor - 2 bedrooms,living room, kitchen, full bath, with walkout rear patio. 2nd floor - 2 1/2 bedrooms with front walkout balcony, kitchen, living room and full bath. 3rd floor - 1 bedroom, large living room, kitchen with full bath. Rear steel fire escape stair ground to 3rd. Shared laundry facility. 4 individual hydro meters.

Property Features
Appliances:
None, See notes
Floor Covering:
Carpet, Ceramic, Parquet
Basement:
Apartment
Bathroom:
Bath Tub
External Facing:
Brick
Garage:
None
Driveway Details:
None
Exposure:
East
Location Details:
Close to All Services, Near Park, Near Schools, Public Transportation, Recreational/Community center
Property Costs
Property Taxes:
$3,700 / year
Location Map
Map   Neighborhood Information   Street View  
Name:
 Frank Cidade

 
(416) 717-0505
Phone:
Email:
Message:
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Listing Owner
 Frank Cidade

(416) 717-0505
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Property Summary
Property ID:  10655
Property Cat:  Commercial Triplex
Property Type:  Commercial
Beds:  6
Baths:  4
Size:  2,800 sq. ft
Lot Dimensions:  3,400
Property Width: 25.00 ft
Property Length: 137.00 ft
Ceiling Height: 8 ft.
Year of Construction: 1910

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $799,000.00 is $24,160.00 and the annual property tax based on Assessment value of $799,000.00 is $6,335.00."


* 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 $799,000.00


Total Tax is: $6,335.00*
$1,846.00 goes to Education
$4,490.00 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 Commercial Triplex For Sale


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