Bungalow For Sale

$379,800

80 Lillington Ave. , Toronto, ON, M1N 3K7

Owner`s Description

Perfect starter home. All the extras! Beautifully renovated with all the upgrades throughout the entire house: potlights, hardwood flooring, new appliances and kitchen cabinetry, marble countertop; new exterior; separate entrance for finished in-law suite. Great income potential and close to all amenities. House has solid foundation and great sized lot. Landscaping and driveway renovations currently in progress. Call owner for appts.

Property Features

Appliances: Dryer, Fridge, Stove, Washer	Floor Covering: Hardwood
Basement: Potential Income, Separate Entrance, Totally Finished	Bathroom: Bath Tub
Garage: Attached	Garage Spaces: 1
Driveway Details: Asphalt	Parking Spaces: 4
Exposure: None	Location Details: Close to All Services, Near Park, Near Schools, Public Transportation

Property Costs

Property Taxes:
$1,800 / year

Location Map

Map		Neighborhood Information		Street View

Name:

Johnny Araneta

(416) 282-0070

Phone:

Email:

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Listing Owner

Johnny Araneta

(416) 282-0070

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Property Summary
Property ID:	2615
Property Cat:	Bungalow
Property Type:	Homes
Beds:	3
Baths:	2
Lot Dimensions:	28x100

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $379,800.00 is $7,695.00 and the annual property tax based on Assessment value of $379,800.00 is $3,012.00."

* 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 $379,800.00

Total Tax is: $3,012.00*
$877.00 goes to Education
$2,134.00 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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