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

Map		Neighborhood Information		Street View

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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