Bungalow For Sale

$179,900

36 Gibson , Toronto, ON, M9N 0A5

Owner`s Description

"Congratulations" to the builder on this unique design. This one bedroom with 9 foot ceilings and bay windows gives character and charm to this urban townhome. Close to bus,and ten minutes to go train and the eventually " BLUE 22" A Rapid train that is ten minutes away but gets you to the airport or downtown within ten minutes is about to be built. Don`t miss this opportunity to buy this unit at a great price while opportunites last. For investors, this unit rents for $1200.00 or a mortgage of 800.00 monthly. Excellent tenant renting now. Renter will continue lease if requested. Yes, this is in Toronto located in Weston Village. CLOSING DATE IS VERY FLEXIBLE
Very new and impeccably clean. NO AGENTS PLEASE!!!!!! Call Liz at 416 414 5384

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Stove, Washer	Floor Covering: Laminate
Bathroom: Bath and shower	External Facing: Brick
Garage: Built-in, Underground	Garage Spaces: 1
Driveway Details: Underground	Parking Spaces: 1
Exposure: None	Location Details: Public Transportation

Property Costs

Property Taxes:
$890 / year

Location Map

Map		Neighborhood Information		Street View

Property Summary
Property ID:	4275
Property Cat:	Bungalow
Property Type:	Homes
Beds:	1
Baths:	1
Size:	633 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $179,900.00 is $3,048.00 and the annual property tax based on Assessment value of $179,900.00 is $1,426.00."

* 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 $179,900.00

Total Tax is: $1,426.00*
$416.00 goes to Education
$1,011.00 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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