Loft Condo For Sale

$289,000

562 Eglinton Ave. East 205, Toronto, ON, M4P 1P1

Owner`s Description

Can sell the unit furnished or unfurnished. Large, Bright 1 Bedroom Loft W/ 10+ Ft Ceilings In Exclusive Bayview Soho. 8 ft. Solid Wood Doors. Huge, Bright Windows with West Exposure, Open Concept Living/Dining/Kitchen Area W/ Soaring Ceilings. 620 Sq Ft. Boutique Building W/ Only 40 Units, Games Room, Business Meeting/Board Room, Bike Rack Storage, Elegant Lobby Lounge, Exercise Room, Outdoor Patio W/ BBQ, Wifi In Common Areas, Underground Guest Parking.**** EXTRAS **** Fridge, Stove, Dishwasher, Microwave/Fan, Washer, Dryer, Breakfast Bar, Large Walk-in Closet with Closet Organizers, New Light Fixtures and Window Coverings, 1 Oversized Parking Spot included. Close to Grocery Store, Banks, Pharmacy, & Beer Store. Bus Stop in Front of the Building** Incredible Value for This Location! Maintenance Fees Include Heat, Hydro & Parking! Hydro Money Refunded Annually If Usage Is Low.

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: Laminate, Marble
Bathroom: Bath and shower, Separate Toilet	External Facing: Concrete
Garage: None	Garage Spaces: 1
Driveway Details: None	Parking Spaces: 1
Exposure: West	Location Details: Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation, Recreational/Community center

Property Costs

Property Taxes:
$1,908 / year

Location Map

Map		Neighborhood Information		Street View

Name:

Pedram Soltani

(647) 388-4710

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Listing Owner

Pedram Soltani

(647) 388-4710

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Property Summary
Property ID:	4451
Property Cat:	Loft Condo
Property Type:	Condos
Beds:	1
Baths:	1
Size:	620 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $289,000.00 is $5,425.00 and the annual property tax based on Assessment value of $289,000.00 is $2,292.00."

* 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 $289,000.00

Total Tax is: $2,292.00*
$668.00 goes to Education
$1,624.00 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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