2 Storey Home For Sale in Toronto, Ontario - Montrose Avenue

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2 Storey Home For Sale

Montrose Avenue , Toronto, ON, M6J 2T6
Owner`s Description
Great investment opportunity on College & Montrose with $3000 rental income~ Only Serious buyers please..no agents

Charming semi-detached house in great neighborhood "European feel", steps to College Street`s fine bistros, cafe`s, 24h Dominion, Trinity Bellwoodâs Park, 24h streetcar. Less than 10 min to TO Financial District.
3 bedrooms or 2 Br + office. Renovated top to bottom with 10+ ft ceilings. Gorgeous open concept living space, beautiful hardwood floors throughout. Ceramic floor kitchen. Stainless steel refrigerator and stove. Central Air Conditioning. Laundry space with front-loading Energy Saver washer and dryer. Block garage that fits 2 small cars. Upper unit rent $2200 or full house for $3000.

2BR basement apartment with front separate entrance being rented $950 monthly. Pictures (empty and furnished) available.

Lot: 15.25 X 102 Feet
Rooms 6+3
Washrooms: 3 (2x4, 1x2)
Kitchens: 2
Basement: Fin W/O
Heat Gas, Forced Air
CAC: Yes
Exterior: Brick Front
Drive: Lane
GarType/Spaces: Detached 1
Park Spaces Tot: 2

Taxes $2,782.94 (2006) ~ $231/m
Hydro $1234,14,32 ~ $103/m
Gas $1972,02 ~ $164/m
Water $ 509,41 ~ $42/m

# Room Level Dimensions (m)
1 kitchen Ground 7 x 2.85 Ceramic Floor W/O to yard
2 living Ground 8.85 x 3.85 Combined W/dining Hardwood Floor
3 Dining Ground 8.85 x 3.85 â
4 Master 2nd 3.85 x 3.65 Hardwood Floor Closet
5 Br 2nd 4.6 x 2.85 â â
6 Br 2nd 3.6 x 2.3 â â

Property Features
Built-in dishwasher, Stainless steel appliances
Floor Covering:
Apartment, Separate Entrance, Totally Finished
Bath Tub
External Facing:
Aluminium Siding, Brick
Garage Spaces:
Location Details:
Close to All Services, Near Park, Near Schools, Public Transportation, Recreational/Community center
Property Costs
Property Taxes:
$2,782 / year
Location Map
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 Francis Monteiro

Day Phone(416) 538-0121
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Listing Owner
 Francis Monteiro

Day Phone(416) 538-0121
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Property Summary
Property ID:  1308
Property Cat:  2 Storey Home
Property Type:  Homes
Beds:  5
Baths:  3
Size:  1,800 sq. ft
Lot Dimensions:  1,555 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $599,000.00 is $16,160.00 and the annual property tax based on Assessment value of $599,000.00 is $4,750.00."

* 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 $599,000.00

Total Tax is: $4,750.00*
$1,384.00 goes to Education
$3,366.00 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 2 Storey Home For Sale

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