The Pinnacle On Adelaide

Condominium For Sale

From $289,900

295 Adelaide St W , Toronto, ON, M5H

Condo Description

The Pinnacle on Adelaide is a 43 story high-rise condo in the heart of Toronto downtown entertainment district with an easy access to TTC streetcars and the subway.

Enjoy the following amenities right at your finger tips

1. Restaurants
2. Clubs
3. Bars/lounge
4. Theater
5. Shops
6. Banks
7. Public Transportation

Property Features

Amenities: Gym, Sauna, Security 24/7, Heritage Building, Party Room, Reflective Pool, Lobby Seating Area, Whirlpool, Movie Screen Room,	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Floor Covering: Hardwood	Bathroom: Bath and shower, Bath Tub
Location Details: Near Schools, Gas Stations, Grocery Stores, Restaurants, Subway, Coffee Shops, Liquor Stores

Building/Unit Information

Project Name: The Pinnacle on Adelaide	Total Units: 564
Total Floors: 43	Architect: HARIRI PONTARINI ARCHITECTS
Unit Types: 1 bed, 1 bed + den, 2 bed	Unit Sizes: 544 - 1,090 sq. ft

Location Map

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Property Summary
Property ID:	7952
Property Cat:	Condominium
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 $289,900.00 is $5,447.00 and the annual property tax based on Assessment value of $289,900.00 is $2,299.00."

* 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 $289,900.00

Total Tax is: $2,299.00*
$670.00 goes to Education
$1,629.00 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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