Condominium For Sale
25 Telegram Mews , Toronto, ON, M5V 3Z1
Beautiful condo located at Bayview and Sheppard on the North East corner in North york.
Award Winning Design Luxury Glass Tower Condo, One Of Toronto`s Landmarks, At A Very Convenient Location: Direct Access To Subway ,Steps To Bayview Vallege Mall And Under One Minute Driving To Hwy 401/404/Dvp!
For more information please contact 647-887-3493
Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove
Lake/Pond/River, Near Park, Near Schools, Public Transportation, Recreational/Community center
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $294,000.00 is $5,550.00 and the annual property tax based on Assessment value of $294,000.00 is $2,331.00."
* 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 $294,000.00
Total Tax is: $2,331.00*
$679.00 goes to Education
$1,652.00 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%.