Loft Condo For Sale

$805,000

436 Wellington St. W. , Toronto, ON, M5V 1E3

Owner`s Description

Direct elevator access to stunning, newly renovated LOFT (WORX Building), 1+ bedroom, 1702 sq feet of light filled space, 3 walls of windows, french doors to private balcony, new custom kitchen with stainless steel appliances, marble counters and island; walk-in closet out of "Sex and the city", modern ventless fireplace, Living Room 35.92 x 12.93 combined with Dining room Dining Room 35.92 x 12.93 combined with Living room Den 14.34 x 20.24 with custom built-ins Kitchen 18.08 x 14.63 with custom cabinets and island Bedroom 17.42 x 14.24 with 3 piece renovated bathroom Walk in Closet Custom built Bathroom Renovated four piece bathroom with marble floors Authentic Loft In Boutique (34 Unit) Monarch (Worx) Building! Converted Belt Factory With Exposed Brick, Posts, Beams And Vintage Plank Ceilings, All this in one of downtown Toronto`s more sought after buildings right beside Le Select Bistro. It`s the building Mike Myers chose when shooting Love Guru. It`s right in the heart of the city, but very private.

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer, stainless steel HOOD	Floor Covering: Ceramic, Hardwood, Marble
Bathroom: Bath and shower, Bath Tub, Separate Shower, Separate Toilet, Two Sinks, 1 X 4pc, 1X 3 pc.	External Facing: Brick
Driveway Details: Outside	Parking Spaces: 1
Exposure: North	Location Details: Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation, right in the heart of downtown beside Le Select Bistro

Property Costs

Property Taxes:
$4,810 / year

Location Map

Map		Neighborhood Information		Street View

Name:

Mary-Jo Osborn

(416) 708-7243

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Listing Owner

Mary-Jo Osborn

(416) 708-7243

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Property Summary
Property ID:	3577
Property Cat:	Loft Condo
Property Type:	Condos
Beds:	2
Baths:	2
Size:	1,702 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $805,000.00 is $24,400.00 and the annual property tax based on Assessment value of $805,000.00 is $6,383.00."

* 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 $805,000.00

Total Tax is: $6,383.00*
$1,860.00 goes to Education
$4,523.00 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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