Condominium For Sale in Toronto, Ontario - North York
 

Toronto Condos & Lofts For Sale By Owner

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Condominium For Sale

$369,000
North York , Toronto, ON, M2K
Owner`s Description
Be the first person to live in this New & Luxurious condominium just built. Open Concept, South View , Balcony, Hardwood Floor, Open Concept Kitchen W/ Granite Counter Top & Backsplash And all NEW never used S/S Appliances, Walking distance to subway, and easy access to 401, Bayview Village Mall And Shopping Centre
1 Parking, 1 Large Size Locker
This unit is vacant, for a private viewing or more info call 416 792-1902 or 416 893-3350

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Name:
 Delia Iaboni

 
Day Phone(416) 893-3350
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Listing Owner
 Delia Iaboni

Day Phone(416) 893-3350
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Property Summary
Property ID:  4438
Property Cat:  Condominium
Property Type:  Condos
Beds:  1
Baths:  1

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%


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 $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%.



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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto Condominium For Sale


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