Multi-Level Condo For Sale

$529,000

150 George Street 1, Toronto, ON, M5A 2M7

Owner`s Description

Executive end unit townhouse is walking distance to Financial District, Eaton Center, St. Lawrence Market and Distillery; Steps to TTC, access to Taxis. Contemporary design with maple hardwood floors throughout, halogen potlights and several windows provide ample natural light. Currently a 2 bedroom with large office/family room; can also be converted to a 3 bedroom. Thousands $$$ in upgrades

Stylish, spacious custom kitchen with maple cabinets, storage bunkette and stainless steel appliances is complete with large breakfast bar and dining area- excellent for entertaining.

Oversized master suite has walk out French doors to private balcony. Elegant upgraded ensuite contains custom glass shower with full body spray.

2nd top floor Bedroom has full ensuite, and separate walkout to private balcony.

Walkthrough entrance to own garage with automatic door opener.

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer	Floor Covering: Hardwood, Berbur Carpet Stairs
Bathroom: Bath and shower, Bath Tub, Powder Room	External Facing: Brick
Garage: Attached, Built-in, Single	Garage Spaces: 1
Driveway Details: Concrete	Parking Spaces: 1
Exposure: North East	Location Details: Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation

Property Costs

Property Taxes:
$2,883 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	1493
Property Cat:	Multi-Level Condo
Property Type:	Condos
Beds:	3
Baths:	3
Size:	1,890 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $529,000.00 is $13,360.00 and the annual property tax based on Assessment value of $529,000.00 is $4,195.00."

* 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 $529,000.00

Total Tax is: $4,195.00*
$1,222.00 goes to Education
$2,973.00 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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