Commercial Triplex For Sale
1044 Dovercourt Road , Toronto, ON, M6H-2X8
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.
None, See notes
Carpet, Ceramic, Parquet
Close to All Services, Near Park, Near Schools, Public Transportation, Recreational/Community center
$3,700 / year
||2,800 sq. ft|
|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%
* 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%.