Detached Home For Sale

Homelife/victory

$2,295,000

118 Burbank Dr , Toronto, ON, M2K 1N7

Owner`s Description

- Spectacular Custom Built Home With Over 5200 Sq Ft Of Incredible Detail In High Demand Area Of Bayview Village.

- Gorgeous Entertainment Size Custom Kitchen With Centre Island.

- Magnificent Breakfast Area Open Concept To Family Room And Walk Out To Interlock Patio.

- Open To Above Foyer With Stunning Skylight.

- Extra Large Size Principle Rooms, Bedrooms With Private Bathrooms.

- Fully Finished Bright Lower Level With 1 Bedroom Suite, Exercise Room, Recreation Room, Sauna Bar, Lounge and Walk Out to Private Patio.

- 2 Car Garage and 7 Car Parking Drive.

- Gas Burner And Equipment, Hot Water Heater, Radiant Heated Floor.

- All Rooms Wired For Internet, Phone And Cable.

- Property Currently Rented For $6000.00/Month.

>>> Room dimensions (m) and details:

Entrace Foyer Marble Floor 20` Ceiling

Living Room Main Floor 8.60 x 5.40 Crown Moulding Fireplace Hardwood Floor

Dining Room Main Floor 8.60 x 5.40 Combined W/Library Open Concept Pot Lights

Family Room Main Floor 8.70 x 6.20 Crown Moulding Hardwood Floor Fireplace

Library Main Floor 5.07 x 3.30 Casement Windows Double Doors B/I Bookcase 12` Ceiling

Kitchen Main Floor 5.24 x 4.20 Coffered Ceiling Centre Island Hidden Lights Marble Floor 12` Ceiling

Breakfast Area Main Floor 6.10 x 4.40 W/O To Patio Open Concept Marble Floor

Master Bedroom 2nd Floor 6.70 x 5.40 Coffered Ceiling 7 Pc Bath Gas Fireplace 10` Ceiling

2nd Bedroom 2nd Floor 5.00 x 3.60 Bay Window Pot Lights Hardwood Floor 10` Ceiling

3rd Bedroom 2nd Floor 5.80 x 4.22 Casement Windows Double Closet Hardwood Floor 10` Ceiling

4th Bedroom 2nd Floor 4.30 x 3.00 Casement Windows Double Closet Hardwood Floor 10` Ceiling

Exercise Room Basement 8.23 x 4.50 Cork Floor French Doors 2 Pc Bath 10` Ceiling

Recreation Room Basement 11.70 x 4.20 Coffered Ceiling W/O To Patio Wall Sconce Lighting 10` Ceiling

Nany Suite Basement Incl. Bedroom, Kitchen, Bathroom 10` Ceiling

For more information contact:
Karim Samadi
HomeLife/Victory
Cell: 416-856-6404
Office: 416-590-0033

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: Carpet, Ceramic, Hardwood, Marble
Basement: Apartment, Separate Entrance, Totally Finished, Exercise and Rec. Rooms plus Nany Suite with Bathroom and Kitchen	Bathroom: Bath and shower, Bath Tub, Bidet, Jacuzzi, Sauna, Separate Shower, Separate Toilet, Two Sinks, Sauna in Lower Level
External Facing: Brick, Shingle, Stone, Stucco	Garage: Built-in, Double, Insulated
Garage Spaces: 2	Driveway Details: Interlock
Parking Spaces: 5	Exposure: North East
Location Details: Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation

Location Map

Map		Neighborhood Information		Street View

Name:

Nikki Nikaein

(416) 856-6404

Phone:

Email:

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Listing Owner

Nikki Nikaein

(416) 856-6404

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Property Summary
Property ID:	5788
Property Cat:	Detached Home
Property Type:	Homes
Beds:	5
Baths:	6
Size:	5,200 sq. ft
Lot Dimensions:	73x133 ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $2,295,000.00 is $84,000.00 and the annual property tax based on Assessment value of $2,295,000.00 is $18,198.00."

* 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 $2,295,000.00

Total Tax is: $18,198.00*
$5,301.00 goes to Education
$12,896.00 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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