Multi-Level Condo For Sale in Toronto, Ontario - 38 Grenville St

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Multi-Level Condo For Sale

38 Grenville St 5th flr., Toronto, ON, M4Y 1A5
Owner`s Description
Luxury Corner Suite on 5th Floor: A new, well appointed and beautiful 2 bedroom 2 full bathroom condo in the heart of downtown Toronto. High Demand Splt Bedroom Model Each With Own Washroom. Has large balcony.

This unit has registered since January 18, 2010.
Municipal Taxes are still under assessment.

Upgrades: (OVER $12,000)
With all new builder upgrades that include granite counter tops, kitchen cabinets, marble back splash, marble vanities in both washrooms, stainless steel appliances and hardwood floors. In addition, blinds were also installed professional in all rooms of the unit.

At Bay & College: Building is Brand New (Murano South Tower)!! Minutes from ttc, main attraction of Downtown Toronto: Eaton Centre, Ryerson, U of T, YMCA, Hospitals, Yorkville, Business and Entertainment Districts, etc.

Pool, Gym, Track , Pool Room with retractable roof, Hot Room Theater Room, Party Room (for big celebrations) etc.

Furniture Contents: (Available but NOT included in the Price)
2 Queen size beds, 2 night stands, 2 computer desks, 2 rocking Poang Chairs, coffee table, side table, dinning table with 4 chairs, 4 lamps

Rent Potential: $2100/mth

Property Features
Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Floor Covering:
Carpet, Ceramic, Hardwood
Bath and shower, Whirlpool, jacuzzi, steam room as part of the common elements (not in unit)
External Facing:
Built-in, Parking spot underground in safe & air conditioned.
Garage Spaces:
Driveway Details:
Parking Spaces:
North East
Location Details:
Close to All Services, Highway Access, Lake/Pond/River, Near Park, Near Schools, Public Transportation, Recreational/Community center
Property Costs
Property Taxes:
$2,300 / year
Condo Fees:
$454 / month
Location Map
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 Bruno A

Day Phone(647) 290-6401
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Listing Owner
 Bruno A

Day Phone(647) 290-6401
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Property Summary
Property ID:  4404
Property Cat:  Multi-Level Condo
Property Type:  Condos
Beds:  2
Baths:  2
Size:  752 sq. ft
Year of Construction: 2010

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $489,900.00 is $11,796.00 and the annual property tax based on Assessment value of $489,900.00 is $3,885.00."

* 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 $489,900.00

Total Tax is: $3,885.00*
$1,132.00 goes to Education
$2,753.00 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 Multi-Level Condo For Sale

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