Cinema Tower: Toronto Condominiums For Sale - 1 Widmer St, M5V, Ontario

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Cinema Tower

Condominium For Sale

From $294,500
1 Widmer St , Toronto, ON, M5V
Property Features
Boutiques & Shoppes, Gym, Security 24/7, Social Area, Hear of Torontos World Class Entertainment District, Lobby Designed & Furnished by HOK design group. LEED Certifcation standard. TIFF privileges. Club Cinematheque, Terrace Lounge,
Built-in dishwasher, Fridge, Microwave, Stainless steel appliances, Stove, Irpinia designed flat slab paneled kitchen cabinetry. All Miele appliances with energy star.
Floor Covering:
Selection of engineered wood flooring in the hallway, bedrooms, living/dining room, study, kitchen, foyer and closet. Porcelain floor tiles in the bathrooms, ceramic floor tile in the loundry room
Bath and shower, Bath Tub, Comfort hight cabinetry designed by Irpinia, Quartz countertop, contemporary polished chrome single lever water efficient faucet.
None, Parking space is available to buy with units over 650 square feet for a price of 45,000 per parking. Locker is $4500.
Location Details:
Close to All Services, Near Park, Panoramic View, Public Transportation, Downtown, Entertainment District, Clubs, Restaurants, Bars, TIFF, Theaters, Movies
Building/Unit Information
Project Name:

Cinema Tower

Total Floors:
Ceiling Height:
Unit Types:
1 bed, 1 bed + den, 2 bed, 3 bed, Studio
Unit Sizes:
421 - 1,503 sq. ft
Units Per Floor:
Location Map
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Property Summary
Property ID:  7912
Property Cat:  Condo
Property Type:  Condos
Ceiling Height: 9 ft.
Year of Construction: 2013

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $294,500.00 is $5,562.00 and the annual property tax based on Assessment value of $294,500.00 is $2,335.00."

* 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 $294,500.00

Total Tax is: $2,335.00*
$680.00 goes to Education
$1,655.00 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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