2 Storey Home For Sale
Montrose Avenue , Toronto, ON, M6J 2T6
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
Washrooms: 3 (2x4, 1x2)
Basement: Fin W/O
Heat Gas, Forced Air
Exterior: Brick Front
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
Built-in dishwasher, Stainless steel appliances
Apartment, Separate Entrance, Totally Finished
Aluminium Siding, Brick
Close to All Services, Near Park, Near Schools, Public Transportation, Recreational/Community center
$2,782 / year
||2 Storey Home|
||1,800 sq. ft|
||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%.