Loft Condo For Sale

$275,000

1 Shaw Street 503, Toronto, ON, M6K 0A1

Owner`s Description

Stunning 1 Bedroom Unit In Ultra Modern DNA (Phase One) In Trendy King West/Liberty Village.
Unit Features: 9Ft. High Concrete Ceilings, Spa Like Washroom, Stainless Steel Appliances (Fridge, Gas Stove, Built-In Microwave Range), Stainless Steel Ducane BBQ, Granite Counter-Tops Throughout Including Moveable Centre Island In Kitchen , Stacked Washer & Dryer.
North Facing Balcony with View of Skyline.
Building Amenities: Roof Top Terrace, Party Room, Gym
Full Size Parking Spot Including Upgraded Double Bicycle Rack.

Close To Starbucks, TTC Street Car At Your Door, 24 Hr Grocery, Great Restaurants, Shopping, Theatre, Martin Goodman Trail, the Lake and More!

# Room Level Dimensions (ft)
1 Kitchen Flat 14.76 x 10.17 Centre Island Modern Kitchen
2 Living Flat 11.81 x 10.17 Combined W/Dining Open Concept
3 Master Flat 10.83 x 10.83 W/O To Balcony Closet Semi

Parking Spot: #415 P3

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer, Stainless Steel Ducane BBQ	Floor Covering: Concrete
Bathroom: Bath and shower	Garage: Insulated
Garage Spaces: 1	Parking Spaces: 1
Exposure: North	Location Details: Highway Access, Lake/Pond/River, Near Park, Near Schools, Public Transportation, Recreational/Community center, Waterfront

Property Costs

Property Taxes:
$1,557 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	3367
Property Cat:	Loft Condo
Property Type:	Condos
Beds:	1
Baths:	1
Size:	560 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $275,000.00 is $5,075.00 and the annual property tax based on Assessment value of $275,000.00 is $2,181.00."

* 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 $275,000.00

Total Tax is: $2,181.00*
$635.00 goes to Education
$1,545.00 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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