Condo Apartment For Sale
1 Benvenuto Place , Toronto, ON, M4V 1H3
Gym, Concierge, Pool - Indoor, Porter, Security System, and Valet Parking
Built-in dishwasher, Built-in Oven, Marble Floor
Bath and shower, Bath Tub
Close to All Services, Near Park, Near Schools, Avenue Road Playground , High Level Pumping Station/Park , Lionel Conacher Park , Mac Pherson Avenue Parkette , and Roycroft Park Lands, 423 Avenue Road, 1 Clarendon Avenue, Mayfair Mansions - Structure 2, 150 Farnham, 425 Avenue, Balmoral Terrace, The Oaklands, St. Edmund Apartments, Mayfair Mansions - Structure 1, and Mayfair Mansions - Structure 3
2 bed, 2 bed + den, 2 bec Library Family room
1,600 - 3,436 sq. ft
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $995,000.00 is $32,000.00 and the annual property tax based on Assessment value of $995,000.00 is $7,890.00."
* 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%
* 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 $995,000.00
Total Tax is: $7,890.00*
$2,298.00 goes to Education
$5,591.00 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%.