3 Storey Home For Sale

$1,650,000

23 Balmoral Avenue , Toronto, ON, M5V 1J5

Owner`s Description

Built by award winning Diamante in 1996 the contemporary architecture paired with unprecedented workmanship, large stately spaces, exquisite marble finishes, and a custom kitchen makes this a perfect Balmoral beauty in a perfect Toronto location. Located in tawny midtown Toronto this 3 story townhome of 3000 square feet with high ceilings, incredible spiral staircase, etched windows and inlaid maple floors makes this a special jewel of a house. There are two large bedrooms but there is room to make this a three bedroom home. A lower level walkout to a charming urban garden and two othet decks makes this house fully accessible to the outdoors. The third floor terrace offers stunning views of the city. appliances are top of the line and a heated garage and another parking space are included. See all at www.23balmoral.com

Property Costs

Property Taxes:
$10,122 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	3212
Property Cat:	3 Storey Home
Property Type:	Homes
Beds:	2
Baths:	4
Size:	3,000 sq. ft
Lot Dimensions:	20 x 107 (approx)

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $1,650,000.00 is $58,200.00 and the annual property tax based on Assessment value of $1,650,000.00 is $13,083.00."

* 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 $1,650,000.00

Total Tax is: $13,083.00*
$3,812.00 goes to Education
$9,272.00 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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