Apartment For Sale in Toronto, Ontario - 185 Legion Road
 

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Apartment For Sale

$249,000
185 Legion Road , Toronto, ON, M8Y 0A1
Owner`s Description
Located at the prestigious Mystic Pointe community in South Etobicoke at the brand new âThe Tidesâ. This unit has the best layout for a 1 Den in the city, spacious wide an deep with floor to ceiling windows and two walkouts to a huge spectacular balcony over looking the Dalesford Ravine and Mimico creek. Similar unit selling at an average of $260,000 in the area, this luxurious well-situated property offers at most fabulous amenities and facilities. DT Toronto is only a 7-minute drive, lake Ontario and Humber park is a 5-minute walk with many trails for walking and biking. Spend about $5,000 in upgrades, ALL FURNITURE AND APPLIANCES INCLUDED IN THE PRICE!!! OVER $21,000 SPEND ON FURNITURE AND ACCESSORIES The unit comes with a underground parking spot and a large locker. Viewing is available most weekdays after 6 00pm and weekends please give 2-hour notice by calling me at the contact information provided.

Unit size
Master-bedroom 14ft x 9.7ft
Living/Dinning 15ft x 10.6ft
Den 10ft x 8ft
Kitchen 8.7ft x 8.9ft

Property Costs
Property Taxes:
$ / year
Location Map
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Property Summary
Property ID:  358
Property Cat:  Apartment
Property Type:  Condos
Beds:  1
Baths:  1
Size:  650sq.ft interior 100sq.ft balcony

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $249,000.00 is $4,430.00 and the annual property tax based on Assessment value of $249,000.00 is $1,974.00."


* 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 $249,000.00


Total Tax is: $1,974.00*
$575.00 goes to Education
$1,399.00 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 Apartment For Sale


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