Apartment For Sale in Toronto, Ontario - 10 Navy Wharf Court
 

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Apartment For Sale

$315,000
10 Navy Wharf Court 302, Toronto, ON, M5V 3V2
Owner`s Description
Professionally designed & decorated 1 bedroom + den, steps from entertainment, fashion & financial districts. Fantastic city views from 9th floor in great building. Low condo fees include access to 30,000 sq/ft recreational facility that offers pool/sauna/gym/track/spinning room/squash/tennis/basketball/volleyball/tennis/golf simulator/bowling/movie room/party room. Upgraded finishes throughout unit including granite countertops & entryway and gas range.

Property Costs
Property Taxes:
$1,800 / year
Location Map
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Property Summary
Property ID:  2001
Property Cat:  Apartment
Property Type:  Condos
Beds:  1
Baths:  1
Size:  760 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $315,000.00 is $6,075.00 and the annual property tax based on Assessment value of $315,000.00 is $2,498.00."


* 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 $315,000.00


Total Tax is: $2,498.00*
$728.00 goes to Education
$1,770.00 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 Apartment For Sale


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