Condominium For Sale
775 King St West , Toronto, ON, M5V 1N4
Business center, Gym, Security 24/7, Spa, Outdoor lounge with fireplace and water features, unique light wall for silent films and video screenings
Close to All Services, Public Transportation, TTC Streetcar - 504, Restaurants, Clubs, Bars, Shops
Hariri Pontarini Architects
1 bed, 1 bed + den, 2 bed, 3 bed, Loft, Penthouse, Studio
358 - 1,866 sq. ft
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $325,800.00 is $6,345.00 and the annual property tax based on Assessment value of $325,800.00 is $2,583.00."
* 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 $325,800.00
Total Tax is: $2,583.00*
$753.00 goes to Education
$1,831.00 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%.