3 Storey Home For Sale in Toronto, Ontario - 414 Wellesley Street East
 

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3 Storey Home For Sale

$649,900
414 Wellesley Street East , Toronto, ON, M4X 1H6
Owner`s Description
Prime Cabbagetown Victorian gem. Impeccable condition. Elegant living room and formal dining room with view through to garden, high ceilings, california shutters, gas fireplace, traditional crown moulding, ceiling medallions, original stained glass, and hardwood throughout. Bright large modern eat-in kitchen with wide French doors opening out to deck and private perennial urban garden. Excellent for entertaining. Second floor boasts three bedrooms (the largest with a door out to a balcony) and updated bathroom. Stunning third floor loft-style master bedroom (430 square feet) with cathedral ceiling, skylight, new ensuite bathroom, new berber carpet and private sundeck.

Property Features
Appliances:
Dryer, Stove, Washer
Floor Covering:
Carpet
Basement:
Partially Finished
Bathroom:
Bath and shower
External Facing:
Aluminium Siding, Stucco
Garage:
None
Driveway Details:
tenant pays own utilities
Exposure:
South
Location Details:
Close to All Services, Near Park, Near Schools, Public Transportation
Property Costs
Property Taxes:
$ / year
Location Map
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Property Summary
Property ID:  342
Property Cat:  3 Storey Home
Property Type:  Homes
Beds:  4
Baths:  2
Size:  approx. 2000

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $649,900.00 is $18,196.00 and the annual property tax based on Assessment value of $649,900.00 is $5,153.00."


* 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 $649,900.00


Total Tax is: $5,153.00*
$1,501.00 goes to Education
$3,652.00 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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