2 Storey Home For Sale

$830,000

223-225 Indian Grove , Toronto, ON, M6P 2H4

Owner`s Description

Beautiful detached duplex has two units, 223 Indian Grove and 225 Indian Grove. Each unit has 3 bedrooms and both have been recently renovated. 2 car garage at the back of the property off the laneway.

Property Features

Appliances: Built-in dishwasher	Floor Covering: Ceramic, Hardwood
Basement: Partially Finished	Bathroom: Bath Tub
External Facing: Brick, Concrete, Vinyl Siding	Garage: Detached, Double
Garage Spaces: 3	Driveway Details: Laneway Access
Exposure: West	Location Details: Close to All Services, Near Park, Near Schools, Public Transportation

Property Costs

Property Taxes:
$5,151 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	3659
Property Cat:	2 Storey Home
Property Type:	Homes
Beds:	6
Baths:	3
Size:	2,658 sq. ft
Lot Dimensions:	3,800 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $830,000.00 is $25,400.00 and the annual property tax based on Assessment value of $830,000.00 is $6,581.00."

* 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 $830,000.00

Total Tax is: $6,581.00*
$1,917.00 goes to Education
$4,664.00 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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