Apartment For Sale
105 McCaul Street 504, Toronto, ON,
PRICED TO SELL!!! 20K below Market Price!
Live in Trendy Queen Street, in Village by the Grange.
Close To U Of T,Ocad&Subway.Building Incl.24 Hour Conc.,Club Room W/Exercise Area, Change Rooms,W/Shower Outdoor Gardens W/Water Feature, Outdoor Pool,Sun Bathing,Patio
||800 sq. ft|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $345,500.00 is $6,837.00 and the annual property tax based on Assessment value of $345,500.00 is $2,740.00."
* 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%
* 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 $345,500.00
Total Tax is: $2,740.00*
$798.00 goes to Education
$1,941.00 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%.