2 Storey Home For Sale
8 Wilkes Crescent , Toronto, ON, M1L 0B3
The house is located at Upper Danforth Village and at the intersection of Danforth and Birchmount. Steps to TTC and access to strip mall. Easy access to beach, downtown and shopping. This is a brandnew townhome with 7 years of builders warranty and 10 years of Tarion Warranty and won`t last long. Listed less than the market price for direct sale.
Upgrade: Hardwood floor at Living and dining.
Tim Hortons is located just across the street
Strip mall just behind the residential area
Easy access to Wall Mart and shopping
Schools across the street
Public Library is located just behind the residential area
Easy subway access
TTC stop at door step
Extra ** - All appliances
Close to All Services, Highway Access, Lake/Pond/River, Public Transportation
||2 Storey Home|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $359,900.00 is $7,197.00 and the annual property tax based on Assessment value of $359,900.00 is $2,854.00."
* 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 $359,900.00
Total Tax is: $2,854.00*
$831.00 goes to Education
$2,022.00 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%.