Bungalow For Sale in Toronto, Ontario - 28 Ringley Ave
 

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Bungalow For Sale

Bungalow In Etobicoke

$1,080,000
28 Ringley Ave , Toronto, ON, M8Y 1P1
Owner`s Description
- 1 1 Bedroom
- 2 Washroom
- Attached Garage
- 3 Parking spots
- Open concept
- Deep lot
- Lots of updates

Welcome To A Beautifully Renovated Bungalow In South Etobicoke.
Potential For In-Law Suite W/Separate Side Entrance.
Great Income Property For Investors.
Spacious Open Concept Main Level (Converted From A 2-Bedroom To 1-Bedroom.)
Walk-Out To Private Backyard with Mature Trees.
Enclosed Vegetable Garden.
Minutes To High Park, Bloor West Village, Transit, Shopping & Lake.

Property Features
Appliances:
Built-in dishwasher, Dryer, Fridge, Microwave, Stove, Washer
Floor Covering:
Hardwood, Laminate
Basement:
Potential Income, Separate Entrance, Totally Finished
External Facing:
Brick
Garage:
Attached
Driveway Details:
Asphalt
Location Details:
Highway Access, Near Park, Near Schools, Public Transportation
Property Costs
Property Taxes:
$4,113 / year
Location Map
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Name:
 Sandra Mifsud
Green Hedge Realty Inc., Brokerage
 
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Listing Owner
 Sandra Mifsud

Green Hedge Realty Inc., Brokerage
  
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Property Summary
Property ID:  10909642
Property Cat:  Bungalow
Property Type:  Homes
Beds:  2
Baths:  2
Size:  762 sq. ft
Lot Dimensions:  5,859 sq. ft
Property Width: 36.00 ft
Property Length: 163.00 ft
Year of Construction: 1945

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $1,080,000.00 is $35,400.00 and the annual property tax based on Assessment value of $1,080,000.00 is $8,564.00."


* 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 $1,080,000.00


Total Tax is: $8,564.00*
$2,495.00 goes to Education
$6,069.00 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 Bungalow For Sale


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