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

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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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