Condominium For Sale in Toronto, Ontario - 1001 Bay Street
 

Toronto Condos & Lofts For Sale By Owner

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Condominium For Sale

$199,000
1001 Bay Street 2613, Toronto, ON, M5S 3A6
Owner`s Description
Just blocks away from bustling Bloor Street, this fabulous reknowned building has all the amenities that a 5 star condo has including 24 hour concierge and visitor`s parking. The suite boasts a wonderful panoramic view of the city from a high floor. Its been used as a 2nd home and is ideal for single and especially students. New broadloom, new blinds and new fridge. Furniture can be included to make your moving in easier.

Property Features
Appliances:
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer, new fridge
Floor Covering:
Carpet
Basement:
None
Bathroom:
Bath and shower, Bath Tub
External Facing:
None
Garage:
building includes visitors parking
Driveway Details:
None
Exposure:
South
Location Details:
Close to All Services, Panoramic View, right next door to sutton place hotel, steps away from subway, blocks away from yonge and bloor
Property Costs
Property Taxes:
$1,400 / year
Location Map
Map   Neighborhood Information   Street View  
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Property Summary
Property ID:  1386
Property Cat:  Condominium
Property Type:  Condos
Beds:  1
Baths:  1
Size:  500 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $199,000.00 is $3,430.00 and the annual property tax based on Assessment value of $199,000.00 is $1,578.00."


* 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 $199,000.00


Total Tax is: $1,578.00*
$460.00 goes to Education
$1,118.00 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 Condominium For Sale


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