Apartment For Sale

$250,000

60 Byng Avenue 203, Toronto, ON, M2N 4K3

Owner`s Description

Luxury The Monet Water Garden Building, second floor, only 3 apartments on the floor, terrace instead of balcony, corner unit - bigger terrace and window in the living room, SW view, steps from Finch subway station, spottles- -like new, 9` seilings, hdwd floor, granit counter top, Euro style kitchen. Building is 3 y.o. B/I microwave, B/I dishwasher. Washer and dryer, side-by-side fridge. 1 parking spot (undergraund garage), locker. Luxurious Club House Facilities, incl. 2 swimming pools. Lux. Party room, Karaoke bar, etc. - all at the same floor. 1 parking spot and locker. Absoluitely Gorgeous.

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer	Floor Covering: Granite, Hardwood, Marble
Bathroom: Bath Tub	External Facing: Brick
Garage Spaces: 1	Parking Spaces: 1
Exposure: None	Location Details: Close to All Services, Highway Access, Near Schools, Public Transportation, Recreational/Community center

Property Costs

Property Taxes:
$1,741 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	2100
Property Cat:	Apartment
Property Type:	Condos
Beds:	2
Baths:	1
Size:	648 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $250,000.00 is $4,450.00 and the annual property tax based on Assessment value of $250,000.00 is $1,982.00."

* 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 $250,000.00

Total Tax is: $1,982.00*
$578.00 goes to Education
$1,405.00 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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