3 Storey Home For Sale in Toronto, Ontario - 114 Albany Avenue

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3 Storey Home For Sale

114 Albany Avenue , Toronto, ON, M5R 3C4
Owner`s Description
Home Location:
Large and recently redecorated home in the desirable and popular historic downtown neighbourhood of the Annex.. This extra spacious semi detached, 3 storey brick home is conveniently located in a fabulous area on a quiet street north of Bloor Street. It is within easy walking distance to the subway, museums, galleries, restaurants, theatres, specialty shopping and the subway, as well as acclaimed schools and The University of Toronto

An unspoiled light-filled charming brick home in the heart of Toronto, that features high ceilings, restored original character, as well as stained glass window, and original hardwood floors. The home, situated among recently renovated properties, offers the opportunity to increase the size of the foot print of the home, to customize to the unique tastes of the buyer

It is a fabulous opportunity for singles, couples and young families wishing to live within the vibrant Annex district of Toronto, desiring to live minutes to the downtown core with all the benefits of a leafy neighbourhood and green space nearby. The home along with a spacious 2 car garage, presents an ideal opportunity for urban families, to seize the opportunity for a well maintained home with beautiful original charm.

Home Description
Lower level, large central hall, living room and dining room, kitchen and 2 pc bath
Second level, master bedroom and two other bedrooms also large foyer, 3 pc bath
Third level, kitchen (which can be converted to large bedroom) if you desire single family dwelling, and three other bedrooms
Basement, unfinished, 1 pc bath

Property Features
Dryer, Fridge, Stove, Washer
Floor Covering:
Separate Entrance, Unfinished
Bath Tub, Separate Shower, Separate Toilet
External Facing:
Driveway Details:
Parking Spaces:
Location Details:
Close to All Services, Near Park, Near Schools, Public Transportation
Property Costs
Property Taxes:
$6,100 / year
Location Map
Map   Neighborhood Information   Street View  
Property Summary
Property ID:  2833
Property Cat:  3 Storey Home
Property Type:  Homes
Beds:  6
Baths:  2
Lot Dimensions:  25 ft.x 135 ft.

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $899,000.00 is $28,160.00 and the annual property tax based on Assessment value of $899,000.00 is $7,128.00."

* 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%


* 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 $899,000.00

Total Tax is: $7,128.00*
$2,077.00 goes to Education
$5,052.00 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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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto 3 Storey Home For Sale

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