Iq Condos

Condominium For Sale

From $190,000

1061 The Queensway , Toronto, ON, M8Z 1R4

Condo Description

IQ Condos offers its residence intelligent living in a master planed community that is built around a green park. The suites feature: 9ft ceilings, engineering hardwood floors throughout the unit, a gorgeous kitchen with granite countertops with integrated breakfast bar, ceramic backsplash and stainless steel appliances, custom baseboards and door frames, as well as elegant bathrooms that include marble countertops, chrome faucets, and a contemporary tub with stylish shower rod. Located just minutes from the QEW, Sherway Gardens, Queensway Mall, and the gorgeous Humber River ravine corridor

Building Amenities:
- 24 Hour Concierge
- Swimming Pool with Whirlpool and Change Rooms
- Fitness Center with Yoga Studio
- Lounge Area with Outdoor Fireplace
- BBQ and Outdoor Dining Area
- Private Party Room with Kitchen and access to Outdoor Patio
- Guest Suites

Property Features

Amenities: Swimming Pool, Lobby,Management Office,Guest Suites,Pet Spa,Whirlpool,Changerooms, Weights,Cardio,Yoga Studio	Floor Covering: Hardwood
Bathroom: Bath and shower, Bath Tub, Porcelain or Ceramic Floors	Location Details: Close to All Services, Highway Access, Ravine Setting, Gardiner Expressway, Minutes to Toronto Downtown, Sherway Gardens Mall

Building/Unit Information

Project Name: IQ Condos	Total Units: 23
Total Floors: 12-27	Unit Types: 1 bed, 1 bed + den, 2 bed, 2 bed + den, 1 bed study
Unit Sizes: 465 - 901 sq. ft

Location Map

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Property Summary
Property ID:	7981
Property Cat:	Condo
Property Type:	Condos
Ceiling Height:	9 ft.

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $190,000.00 is $3,250.00 and the annual property tax based on Assessment value of $190,000.00 is $1,507.00."

* 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 $190,000.00

Total Tax is: $1,507.00*
$439.00 goes to Education
$1,068.00 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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