Detached Home For Sale
29 Southwell Drive , Toronto, ON, M3B 2N8
Detached 4 Bedroom plus family room, Side Split Home with 4 Levels and more room than you may think!
Lot Backs on to Park with very quiet setting!
Advantages (location & investment potential are outstanding)
â¢Great Don Mills location in area being revitalized
â¢Great Investment potential / beside million dollar homes
â¢60ft x 110ft lot size is 6,600 square feet of lot
â¢Close proximity to downtown, schools, shopping
â¢Easy access to 401 & DVP highways
â¢Park behind home is makes for private setting
â¢Close to Edward Gardens, Don Mills Outdoor Mall,
â¢Close to Bayview Mall, Bond Park for Tennis, Baseball
â¢Close to North York and Sunnybrook Hospitals
â¢Structure of home is sound and has great fixer up potential with complete renovation
â¢Closet space in bedrooms, hallways, kitchen larger for a home of this generation
â¢Very competitively priced lot and home for the area, width of lot and backing on to park
â¢Very difficult to find homes in Toronto that back on to park in private setting like this
â¢Mature trees on main street in the neighborhood and in the park
â¢Community Park behind house maintained by the city also has playground area for kids
â¢Bus Service on Leslie Street to downtown a walk away
â¢Private Sale - Sales Agents welcome to sell home for a negotiated fee with vendor
Carpet, Hardwood, Linoleum, renovation needed
Bath and shower
Close to All Services, Highway Access, Near Park, Near Schools, No Backyard Neighbors, Panoramic View, Public Transportation, Ravine Setting, Recreational/Community center, Private backs on to Southwell Community Park
$4,000 / year
||1,763 including basement|
||60 ft X 110 ft|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $735,000.00 is $21,600.00 and the annual property tax based on Assessment value of $735,000.00 is $5,828.00."
* 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 $735,000.00
Total Tax is: $5,828.00*
$1,698.00 goes to Education
$4,130.00 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%.