775 King Street West

High-Rise Condo For Sale

From $422,800

775 King Street West , Toronto, ON, M5V 2K3

Condo Description

King West best location, King and Tecumseth (west of Bathurst). Right in the heart of everything, minto775 offers you stunning suite layouts, trendy interior finishes, and green features that will save you money. These new condos in downtown Toronto offer easy access to the TTC and the St. Andrew/University Subway Line. Steps from Stanley Park, and close to Liberty Village.

Property Features

Amenities: Gym, 24 Hour concierge, 24 Hour Lobby, Lounge, Private room, Guest suites	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Stainless steel appliances, Washer, mosaic-tile backsplash
Floor Covering: Hardwood, Marble	Bathroom: Bath and shower, Bath Tub
Location Details: Close to All Services, Near Park, Near Schools, Alex Wilson , Garrison Common , Old Fort York , St. Andrews Playground , and Victoria Memorial Park, MKW - Structure 2, MKW - Structure 1, Minto775 - Structure 2, The Kings, The Summit - 705 King, 801 King Street West, 720 King Street West, Tecumseth Lofts, The Summit - 725 King, and Gotham Lofts

Building/Unit Information

Project Name: 775 King Street West	Total Units: 352
Total Floors: 17	Architect: Hariri Ponterini Architects
Unit Types: 1 bed, 1 bed + den, 2 bed, 2 bed + den, 3 bed	Unit Sizes: 350 - sq. ft

Location Map

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Property Summary
Property ID:	8145
Property Cat:	High-Rise Condo
Property Type:	Condos
Ceiling Height:	10 ft.
Year of Construction:	2012

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $422,800.00 is $9,112.00 and the annual property tax based on Assessment value of $422,800.00 is $3,352.00."

* 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 $422,800.00

Total Tax is: $3,352.00*
$977.00 goes to Education
$2,376.00 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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