Condo Apartment For Sale

$314,000

218 Queens Quay West , Toronto, ON, M5J 2Y6

Owner`s Description

(Reduced Price) The Waterclub at Queens Quay. This Luxurious 1 bedroom + den (used as second bedroom) + Solarium, Ensuite & Washroom + Limestone Showers/Floors/Foyer, Granite Counters, Hardwood floors, All @ The Center Of Harbour Front**** EXTRAS **** All Elf`s, Stainless Steel Appliances, Washer/Dryer, Berber Carpet Where Laid. 100% A-Class Amenities & Security: Daycare Onsite, Indoor/Outdoor Pool, Sauna, Exercise & Guest Rooms, Lounges, 24Hr Concierge. An Urban Stroll: A.C.C., Union Subway Sta., Harbourfront. MOTIVATED SELLER!!

Property Features

Appliances:
Built-in dishwasher, Fridge, Microwave, Stainless steel appliances, Stove

Bathroom:
Bath and shower, Bath Tub, Separate Shower

Property Costs

Property Taxes:
$2,106 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	2104
Property Cat:	Condo Apartment
Property Type:	Condos
Beds:	2
Baths:	2
Size:	850 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $314,000.00 is $6,050.00 and the annual property tax based on Assessment value of $314,000.00 is $2,490.00."

* 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 $314,000.00

Total Tax is: $2,490.00*
$725.00 goes to Education
$1,764.00 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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