Shangri-LA: Toronto Condominiums For Sale - 180 University Avenue, M5H 3C6, Ontario
 

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Shangri-la

High Rise Luxury Condo For Sale

From $850,000
180 University Avenue , Toronto, ON, M5H 3C6
Property Features
Amenities:
Business center, Movie Screen Room | Board Room | Banquet Room | Spa | Indoor Pool | Indoor Hot Tub | Valet Parking | Concierge | Workout Facilities | Yoga Studio | Steam Room | Housekeeping | Room Service | Limousine Service | Doorman
Appliances:
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer, Miele and Sub Zero Appliances
Floor Covering:
Hardwood
Bathroom:
Bath and shower, Bath Tub, Marble or basalt flooring
Location Details:
Close to All Services, Highway Access, Lake/Pond/River, Near Park, Near Schools, Panoramic View, Public Transportation, Entertainment District, First Canadian Place Public Park , Metro Hall , Nathan Phillips Square , Sir William Campbell House , and St. Patricks Square , Boutique Condos - Structure 1, Boutique Condos - Structure 2, 140 Simcoe Street, 165 University Avenue, 170 University Avenue, DBRS Tower, 155 University, 145 Adelaide Street West, 200 Adelaide West, and The Monitor Building
Building/Unit Information
Project Name:

Shangri-LA

Total Units:
572
Total Floors:
66
Architect:
Hariri Pontarini Architects / James K M Cheng Arch
Unit Types:
1 bed, 1 bed + den, 2 bed, 2 Bed Family, 2 Bed Family Library, 3 Bed Family, 3 Bed Family Library, 4 Bed Family Library
Unit Sizes:
818 - 6,697 sq. ft
Location Map
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Property Summary
Property ID:  8042
Property Cat:  High Rise Luxury Condo
Property Type:  Condos
Year of Construction: 2012

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $850,000.00 is $26,200.00 and the annual property tax based on Assessment value of $850,000.00 is $6,740.00."


* 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 $850,000.00


Total Tax is: $6,740.00*
$1,964.00 goes to Education
$4,776.00 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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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto High Rise Luxury Condo For Sale


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