Thompson Residences

Mid-Rise Condo For Sale

From $299,900

621 King Street West , Toronto, ON, M5V 1M7

Property Features

Amenities: Gym, Outdoor Pool , Lounge , housekeeping, 24/7 concierge service, laundry and dry-cleaning, personal trainers, private car service, pet services, grocery delivery, catered dining/events and access to hotel patio.	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Floor Covering: Hardwood	Bathroom: Bath and shower, Bath Tub, Porcelain Tiles Flooring
External Facing: Concrete, Glass	Location Details: Close to All Services, Near Park, Near Schools, Alex Wilson, Clarence Square , Old Fort York , St. Andrews Playground , and Victoria Memorial Park, Entertainment District

Building/Unit Information

Project Name: Thompson Residences	Total Units: 314
Total Floors: 12	Architect: Saucier Perrotte Architects
Unit Types: 1 bed, 1 bed + den, Loft, Penthouse	Unit Sizes: 365 - 1,825 sq. ft

Location Map

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Property Summary
Property ID:	8045
Property Cat:	Mid-Rise Condo
Property Type:	Condos
Ceiling Height:	9 ft.
Year of Construction:	2014

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $299,900.00 is $5,697.00 and the annual property tax based on Assessment value of $299,900.00 is $2,378.00."

* 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 $299,900.00

Total Tax is: $2,378.00*
$693.00 goes to Education
$1,685.00 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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