Foundry Lofts

Loft Condo For Sale

From $420,000

940 Lansdowne Ave , Toronto, ON, M6H 4H2

Condo Description

Foundry Lofts is an authentic and premium condominium property in Toronto which offers a unique build and design of brick walls as well as huge clear windows all throughout. Its developer, Canada Foundry Co. Ltd., is the old time locomotive supplier for railways across Canada. Furthermore, despite its prosperous history in the locomotive industry, Canada Foundry Co. Ltd. has decided to convert the old Great Canadian Railway warehouse into a total of 104 hard lofts that are being sold now.

In transforming the almost 100-year-old locomotive warehouse, E-Park Development has to construct major changes that would entice and convince customers like you to realize the beauty that is surrounding it. A portion of the number of lofts have been built in order to achieve stunning outdoor patios, while the greater portion features crystal clear windows which directs to an overlooking scene of the atrium, furthermore the entire Toronto City.

The Foundry Lofts consists of 1, 2, and 3-storey lofts - all featuring a vintage style and concept. Each loft has been built with roughly a 19 feet ceiling on the first floor level, while an approximate of 10 to 17 feet ceilings in the second floor living room. Moreover, the other areas of the loft have about 9 feet ceilings as a standard. As of the size of the lofts, a variation from 600 square feet up to 1,950 square feet is available to choose from.

Features and amenities of the Foundry Lofts include an interior atrium, park benches and walkways, gallery space, fully equipped gym, indoor enclosed parking, bicycle storage, and so much more. The location of the area is easily accessible to all important landmarks all around Toronto City.

Property Features

Amenities: Gym, Indoor enclosed parking, storage lockers and bicycle storage	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Stainless steel appliances, Washer, 18 cu. ft. refrigerator
Floor Covering: Marble, Ceramic tile	Bathroom: Bath and shower, Bath Tub
Location Details: Close to All Services, Near Park, Near Schools, Davenport Ave, Earlscourt park

Building/Unit Information

Project Name: Foundry Lofts	Total Floors: 3
Architect: E-Park Development	Unit Types: 2 bed
Unit Sizes: 1,169 - 1,169 sq. ft

Location Map

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Property Summary
Property ID:	8161
Property Cat:	Loft Condo
Property Type:	Condos
Ceiling Height:	11 ft.

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $420,000.00 is $9,000.00 and the annual property tax based on Assessment value of $420,000.00 is $3,330.00."

* 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 $420,000.00

Total Tax is: $3,330.00*
$970.00 goes to Education
$2,360.00 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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