Commercial - Residential For Sale in Toronto, Ontario - 8 Covington Road

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Commercial - Residential For Sale

8 Covington Road 1203, Toronto, ON, A1B 2C3
Owner`s Description
The only one on market in tis luxury condo
PRIME BATHURTS & LAWRENCE COMMUNITY at 8 Covington Road apt 1203
Take opportunity of this unique offer, a rare find on the market while rates are still at all time low!

Unit Comes Equipped with 2 bathrooms, a parking spot in underground padded Parking and 2 Lockers!

Very bright, south exposure, amazing 180 degree view from an oversized balcony of Toronto skyline, CN Tower and the lake and the âgreen seaâ of Forest Hill residential area! Beautiful open concept layout, lofty 9` ceilings, high end finishing throughout, professionally decorated. Modern gourmet kitchen, split sink, custom designed cabinets, Fridge, Stove, B/I Dishwasher. Imported ceramic tiles in foyer, kitchen, bathrooms. 40 ounce broadloom carpeting in bedrooms. En suite laundry, washer dryer, closet organizers, modified shower, alarm, all electrical light fixtures. Bright and spacious dinning/living, ample sunlight.

Amazing facilities in luxury condo: 24 h security concierge, shabbat elevator, sumptuous lobby, health club with exercise room, sauna, steam room, grand party room with landscaped promenade, outdoor swimming pool, party room available for family gatherings, business room, lots of visitor parking, bike storage. Common areas access by card controlled. Luxurious condo (pair of structures) built by respected Menkes builder.

TTC stop at the door, across from Metro, Shoppers, TD and Scotia Bank, steps from shops, bakeries, restaurants in Lawrence Plaza, Barbara Frum Library, schools, synagogues, churches, Yorkdale Mall. Easy access to 401 highway. Minutes from Lawrence Subway, boutique shopping on Avenue, Costco, Home Depot, Best Buy.

Just under 1000 sq feet. Very affordable maintenance (under 400/ month) and property taxes ($under 200/ month).
Please call Lori at 4167833892 to book an appointment! THANK YOU!

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 Rosa Lind

Day Phone(416) 783-3892
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 Rosa Lind

Day Phone(416) 783-3892
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Property Summary
Property ID:  4210
Property Cat:  Commercial - Residential
Property Type:  Homes
Beds:  2
Baths:  2
Size:  1,000 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $499,999.00 is $12,200.00 and the annual property tax based on Assessment value of $499,999.00 is $3,965.00."

* 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 $499,999.00

Total Tax is: $3,965.00*
$1,155.00 goes to Education
$2,810.00 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 Commercial - Residential For Sale

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