Studio on Richmond: Toronto Condominiums For Sale - 32 Nelson St, M5V 1V3, Ontario

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Studio On Richmond

Condominium For Sale

From $382,990
32 Nelson St , Toronto, ON, M5V 1V3
Condo Description
Studio on Richmond by Aspen Ridge is a condominium designed the new OCAD University Art Gallery & Cafe. The living space offers residence unique interior offers maximum living space for todays living routines. The suites contain engineered hardwood floors, modern European style kitchens with Miele appliances, 9ft ceilings, Granite or CeasarStone counter tops, and washrooms that include custom designed vanities with mirror above, ceramic wall tile, frameless shower doors and chrome washroom accessories.

Building Features
- Fitness Center and Yoga Studio
- Bar and Lounge
- Swimming Pool
- Billiards Room
- Outdoor Terrace
- Media and Games Rooms
- Sauna with Steam Rooms

Property Features
Bar, Sauna, Lounge, Media Lounge, Yoga, Steam, Billiards, Dining and Games
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer, Miele appliance
Floor Covering:
Hardwood, from Torlys
Bath and shower, Bath Tub, Procelain and Ceramic Tiles
Location Details:
Near Schools, Gast Stations, Grocery Stores, Restaurants, Subway, Coffee Shops, Liquor Stores, Many Markets etc
Building/Unit Information
Project Name:

Studio on Richmond

Total Units:
Total Floors:
Quadrangle Architects
Unit Types:
1 bed + den, 2 bed, 2 bed + den, 3 bed
Unit Sizes:
419 - 1,294 sq. ft
Location Map
Map   Neighborhood Information   Street View  

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Property Summary
Property ID:  7976
Property Cat:  Condominium
Property Type:  Condos
Ceiling Height: 9 ft.

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $382,990.00 is $7,775.00 and the annual property tax based on Assessment value of $382,990.00 is $3,037.00."

* 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 $382,990.00

Total Tax is: $3,037.00*
$885.00 goes to Education
$2,152.00 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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