Savvy Condominiums At Cosmos

Condominium For Sale

From $295,990

34 Glendora Ave , Toronto, ON, M2N 2V8

Condo Description

Savvy Condo is another great Menkes project with prices below $300,000s in Toronto Ontario.

Menkes is one of Canadas biggest real estate development firms with 50 years of experience.

Property Features

Amenities: Gym, Sauna, Swimming Pool, Games Room, Theatre Room. Lobby, Concierge, Dining Room, Party Room,	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Washer
Floor Covering: Ceramic, Laminate, Porcelain	Bathroom: Bath and shower, Exhaust fan vented to exterior.
Location Details: Close to All Services, Near Park

Building/Unit Information

Project Name: Savvy Condominiums at Cosmos	Total Units: 285
Total Floors: 22	Architect: Rafael Bigauskas Architects Inc.
Unit Types: 2 bed, 2 bed + den	Unit Sizes: 480 - 1,030 sq. ft

Location Map

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Property Summary
Property ID:	7969
Property Cat:	Condo
Property Type:	Condos
Year of Construction:	2012

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $295,990.00 is $5,600.00 and the annual property tax based on Assessment value of $295,990.00 is $2,347.00."

* 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 $295,990.00

Total Tax is: $2,347.00*
$684.00 goes to Education
$1,663.00 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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