Cinema Tower

Condominium For Sale

From $294,500

1 Widmer St , Toronto, ON, M5V

Property Features

Amenities: 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,	Appliances: 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	Bathroom: Bath and shower, Bath Tub, Comfort hight cabinetry designed by Irpinia, Quartz countertop, contemporary polished chrome single lever water efficient faucet.
Garage: 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: 43
Ceiling Height: 9	Unit Types: 1 bed, 1 bed + den, 2 bed, 3 bed, Studio
Unit Sizes: 421 - 1,503 sq. ft	Units Per Floor: 12

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%

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 $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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