House For Sale
159 Albertus Ave , Toronto, ON, M4R 1J6
This classic North Toronto house is in the prime John Ross Robertson School district. It has a sprinkler system, air conditioning, special garden and beautiful backyard. The house has a new roof and new plumbing and electrical.
Built-in dishwasher, Dryer, Fridge, Microwave, Stove, Washer
Bath and shower, Bath Tub, Two Sinks
Aluminium Siding, Brick
None, parking pad
Close to All Services, Near Park, Near Schools, Public Transportation, Recreational/Community center
$4,400 / year
||1,650 sq. ft|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $4,000,000.00 is $152,200.00 and the annual property tax based on Assessment value of $4,000,000.00 is $31,717.00."
* 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 $4,000,000.00
Total Tax is: $31,717.00*
$9,240.00 goes to Education
$22,477.00 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%.