Apartment For Sale in Toronto, Ontario - 255 Richmond St E
 

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Apartment For Sale

$220,000
255 Richmond St E M3, Toronto, ON, M5A 4T7
Owner`s Description
S.P.A.C.E Condo- One bedroom suite. Open concept Living/Dining/Kitchen. Separate bedroom with Walk-in Closet, Linen Closet, Ensuite Laundry, Private Balcony.
Whirlpool Fridge, Stove & Built-in Microwave, Fridgidaire Built-in Dishwasher, Whirlpool Stacked Washer& Dryer.
Walk to St Lawrence Market, Eaton Centre, The Bay and Distillery District, 2 mins drive to DVP & <5 mins to The Gardiner. Steps to TTC âQueen and King Streetcar/Station. Minutes to Club District. Visitor Parking, Guest Suite, Party room, Gym, Sauna and 24 hr Security.

Property Features
Appliances:
Built-in dishwasher, Dryer, Fridge, Microwave, Stove, Washer
Floor Covering:
Carpet, Ceramic, Laminate
Basement:
None
Bathroom:
Bath and shower, Bath Tub
External Facing:
Brick
Exposure:
North
Location Details:
Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation
Property Costs
Property Taxes:
$1,271 / year
Location Map
Map   Neighborhood Information   Street View  
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Property Summary
Property ID:  1145
Property Cat:  Apartment
Property Type:  Condos
Beds:  1
Baths:  1
Size:  635 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $220,000.00 is $3,850.00 and the annual property tax based on Assessment value of $220,000.00 is $1,744.00."


* 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 $220,000.00


Total Tax is: $1,744.00*
$508.00 goes to Education
$1,236.00 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 Apartment For Sale


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