M5v Condo

High-Rise Condo For Sale

From $498,900

375 King Street West , Toronto, ON, M5V 1J6

Property Features

Amenities: Gym, Air Conditioning, Community Barbecues, Business Centre, Concierge, Fire Feature, Fitness Facilities, Games Room, Garden, Guest Suite, Events Room, Hot Tub, Pool - Indoor, Security System, and Steam Room	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 or natural slate tile
Location Details: Close to All Services, Near Park, Near Schools, Clarence Square , Isabella Valancy Crawford Park , Metro Hall , Northern Linear Park , and St. Andrews Playground, 369 King West, 365 King Street West, 62 Peter, Kings Tower Business Centre, Charlie, Samuel & Benjamin Building, 355 King West - South Structure, 355 King West - North Structure, 355 King - connecting podium, and Westinghouse Building

Building/Unit Information

Project Name: M5V Condo	Total Units: 304
Total Floors: 34	Architect: Core Architects/Teeple Architects
Unit Types: 1 bed, 2 bed, 2 Bed Study	Unit Sizes: 721 - 1,450 sq. ft

Location Map

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Property Summary
Property ID:	8078
Property Cat:	High-Rise Condo
Property Type:	Condos
Ceiling Height:	9 ft.

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $498,900.00 is $12,156.00 and the annual property tax based on Assessment value of $498,900.00 is $3,956.00."

* 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 $498,900.00

Total Tax is: $3,956.00*
$1,152.00 goes to Education
$2,803.00 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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