Bungalow For Sale
2 Millmere Dr , Toronto, ON, M1G 2B2
Beautiful Bright Home, Must See!!!
Award Winning Landscape/Garden In A Matured Corner Lot.
Lots of UPGRADE:
Gleaming New Floors (2010), New Central Air Conditioning (2010), New Stainless Steel Kit. Appliances(09), Newer Windows(04), Newer Roof(02), New Pool Liner(04), New Pool Motor & Filter(09), Furnace(2000).
A Warm & Cozy Finished Basement With Separate Entrance With Fireplace & Wet Bar For Potential Rental Income Or In-Law Suite. Close To Ttc, School & Park.
EXTRAS **** 2 Fridges, 2 Stoves, Built-In Dishwasher, Washer, Dryer, All Electrical Light Fixtures, All Window Coverings, Cac, Gb&E, Lawn Mower, Trimmer & All Garden Tools, Patio Set With Gazebo. Basement Partly Rented For $600 (2 Bedrooms Apt.) Tenant Willing To Stay Or Vacate.
Lot size: 50x110 Feet
Property Tax: $2,607.08 /2009
Exterior: Brick, Pool: Inground
Heat: Gas, Forced Air
Rooms: 6+4, Bedrooms:3+2, Washrooms:2, Kitchen:2
Intersection: Lawrence & Markham
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $369,000.00 is $7,425.00 and the annual property tax based on Assessment value of $369,000.00 is $2,926.00."
* 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 $369,000.00
Total Tax is: $2,926.00*
$852.00 goes to Education
$2,073.00 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%.