2 Storey Home For Sale
96 Cadorna Avenue , Toronto, ON, M4J 3X2
Spectacular custom home with finished basement,
crown mouldings and beautiful hardwood floors. Granite floors in kitchen and bathrooms. This beautiful home is situated on a 31` x 100` lot.
Ceramic, Granite, Hardwood
Potential Income, Separate Entrance, Totally Finished
Shingle, Stone, Stucco
Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation
||2 Storey Home|
||31` x 100`|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $799,000.00 is $24,160.00 and the annual property tax based on Assessment value of $799,000.00 is $6,335.00."
* 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 $799,000.00
Total Tax is: $6,335.00*
$1,846.00 goes to Education
$4,490.00 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%.