2 Storey Home For Sale

$385,000

114 GREENLAW AVE , Toronto, ON, M6H 3V5

Owner`s Description

Toronto home with 3 floors converted into 3 apartments in the up and coming Corsico Italia / Earls Court District.

St. Clair W / Dufferin

It`s got the biggest backyard on the street, and lots of free parking.
Close to the TTC, tons of great food (sporting some of the best restaurants in Toronto!), clothing, stores, medical facilities and banks... If you need something it`s easily within reach. The entire house has a rental income of $2300 at the current rate. The neighbourhood is safe, and there are 5 schools within a 6 block radius!

Lot size, 25 x148

Main Floor:
Living room 14.5` x 11.5`
Dining 11` x 11`
Bath 8` x 8`
Kitchen 11` x 11`

Basement:
Basment Open 24` x 19`
Bath 7.5` x 5`
Laundry room (washer/dryer) 8` x 9.5`
And a cold storage room 5.5 x 5.5

2nd Floor:
Bathroom (with jet tub) 9` x 9`
Kitchen 6` x 8`
Front Room 11` x11`
Back Room 10` x 10`

Property Features

Appliances: Dryer, Fridge, Stainless steel appliances, Stove	Floor Covering: Carpet, Hardwood
Basement: Apartment, Potential Income, Separate Entrance, Totally Finished	Bathroom: Bath and shower, Bath Tub, Separate Shower, Separate Toilet, Whirlpool
External Facing: Brick, Wood	Garage Spaces: 2
Driveway Details: Gravel, Outside	Exposure: None
Location Details: Close to All Services, Conservation area, Highway Access, Near Park, Near Schools, Public Transportation, Recreational/Community center

Property Costs

Property Taxes:
$2,700 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	2363
Property Cat:	2 Storey Home
Property Type:	Homes
Beds:	3
Baths:	3
Size:	1,426 sq. ft
Lot Dimensions:	25X148

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $385,000.00 is $7,825.00 and the annual property tax based on Assessment value of $385,000.00 is $3,053.00."

* 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 $385,000.00

Total Tax is: $3,053.00*
$889.00 goes to Education
$2,163.00 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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