Condominium For Sale
18 Harbour St , Toronto, ON, M5J 2Z6
1YR old Vibrant Waterfront Downtown Condo; Lake View; 2 Bdrms plus Den; 2 Washrms; 943 sq feet w/ Private Balcony; Locker incl; Fab. Open Concept Layout; Dramatic Floor To Ceiling Windows; SS Fridge, SS Oven, Dishwasher, Microwave, Washer & Dryer; Gourmet Kitchen W/Granite Counters
*** EXTRAS **** Fab. Amenities Incl. Olympic size pool, Exercise Rm, Putting Green, Running Track, Tennis, Business Centre, Guest Suites, 24 Hr. Concierge; Walking distance to Union Station, ACC, and Highway
$4,200 / year
||943 sq. ft|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $537,900.00 is $13,716.00 and the annual property tax based on Assessment value of $537,900.00 is $4,265.00."
* 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 $537,900.00
Total Tax is: $4,265.00*
$1,243.00 goes to Education
$3,023.00 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%.