Residences At The Ritz-carlton

Luxury Condo For Sale

From $1,615,000

183 Wellington Street , Toronto, ON, M5V 0A1

Condo Description

There is only one thing to say about Ritz Carlton on Wellington in Toronto... Wow!

Great design, amazing floor plans great amenities and services and much more.

So those who enjoy the fine things in life please find an opportunity to explore this amazing project located in the heart of Toronto.

Property Features

Amenities: Swimming Pool, Garden	Appliances: Built-in dishwasher, Built-in Oven
Floor Covering: Granite, Hardwood, Marble	Bathroom: Bath and shower, Bath Tub
Location Details: Close to All Services, Near Park, Near Schools, Living Shangri-La, 1120 West Georgia, 1153 West Georgia, Terasen Centre, 1120 Alberni, 1100 Georgia, Carmana Plaza Hotel, 1132 Alberni, 1100 Melville, and 1166 Alberni

Building/Unit Information

Project Name: Residences At The Ritz-Carlton	Total Units: 135
Total Floors: 53	Architect: Arthur Erickson Architects
Unit Types: 1 bed, 2 bed, 2 bed + den, Three Bed Den	Unit Sizes: 1,397 - 6,020 sq. ft

Location Map

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Property Summary
Property ID:	8155
Property Cat:	Luxury Condo
Property Type:	Condos
Ceiling Height:	10 ft.
Year of Construction:	2010

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $1,615,000.00 is $56,800.00 and the annual property tax based on Assessment value of $1,615,000.00 is $12,806.00."

* 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 $1,615,000.00

Total Tax is: $12,806.00*
$3,731.00 goes to Education
$9,075.00 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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