2 Storey Home For Sale
28 Woodfield Rd , Toronto, ON, M7Y6V1
One of the most sought out streets in Toronto.
See article showing record breaking offers.
This home is on a large 20 x 117 lot
If you know real estate, you know this is a steal
Build a 1800 sq ft home and sell it for 1.1M
Or rental property. Or of course, live in it and watch the value sky rocket.
Woodfield rd. Call or email for information package.
||2 Storey Home|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $595,000.00 is $16,000.00 and the annual property tax based on Assessment value of $595,000.00 is $4,718.00."
* 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 $595,000.00
Total Tax is: $4,718.00*
$1,374.00 goes to Education
$3,343.00 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%.