Loft Condo For Sale

$309,900

1029 King Street West 610, Toronto, ON, M6K 3M9

Owner`s Description

One Bedroom Plus Den. Two Full Bathrooms. One Owned Private Parking Spot And Locker. Dramatic Exposed Brick Walls, Hardwood Floors, 17 Foot Floor-Ceiling Windows, Oak Railing. Over 800 Square Feet Of Interior Space. Large Balconey. No Obstructions-Great Height, Sought After Electra Building. Fridge, Stove, Washer, Dryer, B/I Dishwasher. Lots of Visitor Parking. On TTC route, the Newest Restaurants, Shops, Theatres, Galleries, Close to Waterfront. Call Chris at 416 553 5099.

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Stove, Washer	Floor Covering: Carpet, Ceramic, Parquet
Bathroom: Bath and shower, Separate Shower	Garage Spaces: 1
Exposure: None	Location Details: Close to All Services, Public Transportation

Property Costs

Property Taxes:
$1,850 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	2027
Property Cat:	Loft Condo
Property Type:	Condos
Beds:	1
Baths:	2
Size:	>800
Lot Dimensions:	n/a

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $309,900.00 is $5,947.00 and the annual property tax based on Assessment value of $309,900.00 is $2,457.00."

* 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 $309,900.00

Total Tax is: $2,457.00*
$716.00 goes to Education
$1,741.00 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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