Apartment For Sale

$399,500

33 LOMBARD ST , Toronto, ON, M5C 3H8

Owner`s Description

A newly built condominium in St Lawrence Market district in downtown Toronto.
This one bedroom suite is on the top floor, has Open Concept: Living room / Dining room / Kitchen overlooking the parkette. The area is bright and spacious.
Amenities include multi-purpose room, sauna, fitness room, roof-top terrace and 24 hr
concierge/security.
Walk to financial district, St. Lawrence Market, College, University, shopping, intertainment and more.

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer	Floor Covering: Engineered wood floor / porcelain
Basement: None	Bathroom: Bath and shower
External Facing: Glass and Steel	Garage: underground
Exposure: West	Location Details: Close to All Services, Highway Access, Near Park, Public Transportation

Property Costs

Property Taxes:
$2,217 / year

Condo Fees:
$394 / month

Location Map

Map		Neighborhood Information		Street View

Name:

Avis Washington

(416) 292-2891

Phone:

Email:

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Listing Owner

Avis Washington

(416) 292-2891

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Property Summary
Property ID:	3201
Property Cat:	Apartment
Property Type:	Condos
Beds:	1
Baths:	1
Size:	563 sq. ft
Lot Dimensions:	n/a
Ceiling Height:	8 ft.
Year of Construction:	2007

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $399,500.00 is $8,187.00 and the annual property tax based on Assessment value of $399,500.00 is $3,168.00."

* 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 $399,500.00

Total Tax is: $3,168.00*
$923.00 goes to Education
$2,245.00 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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